Last post on this issue regarding Schwab and ONLINE capability for Pinks. (Unless something changes)
Schwab is not thinking clearly. They appear to have waived the broker commission but still stand by the ridiculous policy of allowing us to trade but only by talking to a broker.
I just got off the phone with E-Trade. The service rep called the trading floor, and they do indeed allow ONLINE for TGLO and pinks which several of you have mentioned. I would still check from time to time just in case corporate changes their mind in a few weeks.
They just require new accounts to sign an agreement stating that you understand the risks inherent with Pinks. That's what I have been telling Schwab. Just shoot us a freaking agreement and all is forgiven. Idiots.
Disclaimer. If any Schwab clients wish to bail, please do not rely on my information. Do your own investigation please.
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