InvestorsHub Logo
Followers 617
Posts 37835
Boards Moderated 9
Alias Born 08/15/2009

Re: splintered sunlight post# 708

Thursday, 10/28/2021 11:51:32 AM

Thursday, October 28, 2021 11:51:32 AM

Post# of 853
Brokers won’t let you transfer penny stocks
Only way is to sell, transfer the into your new broker and rebuy.

I did this with TDA into Etrud.
I was lucky, I had the enough cash to rebuy the stocks I wanted in my ETrade. It ran em up, then dumped my TDA positions for the cash.
I did it on dead days when there was no volume.
The biggest was the old FHNI to tge tune of $20+, thst took 3 separate dumps, wire transfer the cash, bought and dumped again. Later after the symbol change it ran from .02 to .80 LOL
It’s a Nasdaq stock now..

I know many that did the same after TDA merged with Scottrade.
TDA sucks. They want out of the micro cap game. They only want IRA accounts.
Schwab is part of them too.,

Looks like Etrade is it. They will become the new Scottrade.,


Ugly day in here..
I’m on the BID below .005
I don’t have but a few $100 in it.,down to like $25 now.

It was one of those nuts when I had just a few bucks left over from other trades.,


Etrade rejected my 375k buy. But took a 275k order.
Wasn’t because of lack of funds.
Odd.