Savvy Trades and Investments

[mandjb]

Expert Market - Schwab - ADR's

Thanks for the update. Schwab also seems to allow the same - sales but no buys - but I couldn't do it online. I had to call in to sell EACO a few weeks ago when it was off the OTC Current list due to late filings.

Looks like they're going to add more restrictions soon. I owned some shares in an ADR - Tetragon (TGONF). I couldn't enter buys or sells. Called in last week and they said I had to go through the Global team ... I guess so that I could enjoy their high fees. Global said they could enter a sell but only until mid-March, when they will allow neither buys nor sells on TGONF. I asked why and they said because they classified Tetragon as a fund, not an ordinary, and weren't going to support trading of it.