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Wednesday, 03/10/2021 10:31:13 AM

Wednesday, March 10, 2021 10:31:13 AM

Post# of 4109
Ok so I just talked to Fidelity.

They said that If OTCmarkets.com flags a stock Caveat Emptor, a broker-dealer will not trade that stock, regardless of the risks. MOST OTC stocks, we'll let you trade. But there are no circumstances under which a stock flagged as Caveat Emptor will be tradeable through Fidelity.


He even said I should ask OTCmarkets.com which broker to get.

"Caveat Emptor stands for "buyer beware," and is flagged if there is suspected fraudulent information, a lack of public information about the company, if the company is intentionally keeping information from the public, etc."

I said that it still is stupid reasoning when Fidelity wouldnt of protected their customers from someone betting their life savings on block buster or Enron or the countless other companies that Caveat Emptor does not apply to.Those customers lost everything they put on those.


He said he agreed with me but that I was screwed anyway and that is just how it is.


Anyways lets go SHIP back to $2




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