He probably is a scammer, but it can still make a move, which it seems to have done already since late May. This is just a lotto play for me. If it drops back down, no big loss. If it runs up big, cha-ching!
Open an account with another broker if they disallow trades on several stocks. If it's just this one, then it's ok. But if it's a bunch, then have an alternative. Don't want to miss out on something just because one broker can't trade it.
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