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Tuesday, May 29, 2007 6:19:06 PM
Ameritrade indeed does respond to inquiries in some specific terms, which surprises me..
By so doing, they have left themselves open to a public relations and customer service logistical nightmare if all of you non-Ameritrade interested parties get on the stick and start emailing..
Every one of you...
They are taking the time to go to the proper department and get the Ameritrade position on RGNO...
Starnes, write them back, tell them that you have checked with other well known brokerages and they allow trading on RGNO....
If enough folks write and keep after them, coupled with Grigg's legal reps contacting them, this will turn into a money losing position for them unless they change their mind.
There is no way they will be able to justify answering all these emails from concerned parties, fight off Grigg's lawyers and still justify the offset of any exposure that they mistakenly believe they have.
In english : They will have to allow the trading eventually, its less expensive than to fight it, just the time that the Customer service reps will be spending on this will simply become prohibitive. Then the RGNO lawyers will arrive as well...
I have a call into the department head at Ameritrade investor relations... I am going to tell him as a shareholder of AMTD I am greatly disturbed by their actions.
Keep on them folks, it will happen if we don't give up...
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