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cintrix

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cintrix

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Re: borobbie post# 5731

Monday, 02/08/2021 7:57:34 AM

Monday, February 08, 2021 7:57:34 AM

Post# of 6299
Wow, I don't really trade pennies anymore and wasn't aware of this but it looks like it isn't just etrade now. I never liked those plays because it is a real pain if and when they get delisted and go to the greys. My guess is that even if you find a broker who allows it, they will eventually stop permitting opening a position in them:

https://www.tdameritrade.com/retail-en_us/resources/pdf/cesecuritylist.pdf

https://www.securitieslawyer101.com/2020/caveat-emptor-securities-hit-with-a-big-setback/

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