InvestorsHub Logo
Followers 70
Posts 5917
Boards Moderated 5
Alias Born 04/22/2005

Re: None

Monday, 08/30/2021 8:19:34 PM

Monday, August 30, 2021 8:19:34 PM

Post# of 85235
It's likely today was a stressful day for many as the repositioning of OTC portfolios towards Pink Current and Pink Limited quickened and many got the surprise of eTrade not allowing any buys of their stocks. I think a certain amount of money has been temporarily taken off the table for OTC stock trading as a number of traders digest the turn of events.

Also it might take a bit of time for everyone to understand that Pink Limited (with the 'Yield' sign) are okay to continue trading past September 28th. Fortunately CBDL is Pink Current so that's not an issue for them.

Months ago when after hours on a Friday the SEC in certain ways ended the months-long pinkie party by announcing the suspension of I think 15 or so often popular stocks, on the following Monday it was bloody, but by that Friday it had stabilized significantly (though far from entirely.)

Just my opinion, maybe I'm wrong.

Someone posted on another board that Charles Schwab's last day to trade NON Pink Current and Pink Limited stocks is either today or tomorrow.

TDAmeritrade may be dragging their feet again and may extend their deadline passed September 3. (I called them.)


Hey, don't make fun of my girlfriend, at least all she eats is bananas.

What I post, trade or say is only based on my personal opinion at the time of the post. It's not meant to be trading advice. Please only trade based on your own due diligence.