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charhorse

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charhorse

Re: None

Thursday, 02/08/2007 1:42:41 PM

Thursday, February 08, 2007 1:42:41 PM

Post# of 3268
Concerning Restrictions

I recently called Scottrade concerning a restriction on another issue I was interested in (AANI) when online trading was unavailable.
They said that there is a list of companys that have exibited unusual trading activity and it is not a reflection of the company per. se
The first person I talked to told me that it was due to a problem with people hacking into accounts and using funds to buy up shares in companys that they had already owned allowing them to sell off into the rise. It sounded like bs to me but I did find this
http://www.sec.gov/litigation/compla.../comp19981.pdf
I attempted to move up the food chain to get more info and even requested a response in writing. I received an email saying that no more information was available.


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