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Friday, May 14, 2021 10:55:35 AM
According to a statement posted on the TD Ameritrade website, the popular trading platform will restrict orders in Caveat Emptor designated OTC securities to liquidating trades only starting May 25, 2021. The OTC Markets Group designates securities as Caveat Emptor to inform investors that there may be reason to exercise additional care and perform thorough due diligence before making an investment decision …
What will happen to these stocks if nobody can trade then and only sell? Seems like the MMs will be the only ones that can sell to each other! How does this work? I quess there will be other ways to buy and sell.
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