MATRIX Penny Stocks

[JeffNC]

Just a thought. This rule T that is being discussed is not new. It has been around for a long time only recently being enforced. The way it was explained to me from Scottrade was the first offence you get a warning letter. Same for second offence. Third offence they freeze your account for 90 days. I've never been warned but if I was in that situation with a stock that was tanking I would not hesitate to sell it and see what happens. I wonder if anyone has been warned or had their account frozen since they started cracking down. My point is I guess, if this went on for years without the rule being enforced, maybe it is not going to be enforced now. Would like to know if anyone has been called on this. Like I said, "just a thought".