KingVegita2006 Ameritrade it is Corrupt
If posters here have not seen it after reading your e-mail below then there is no hope for that person.
Anyone IMO who is using Ameritade. E-trade and Scottrade after this B/S that is still on going with PAVC IMO deserve what they get from these crooks.
Move to a Brokerage firm away from this corruption.
This gets me very angry. PAVC has been held hostage by these crooks for over one year now.
An SEC Complaint is the first step i would take.
I hope Ameritrade has legal action taken against them.
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Dear xxxxxxxxxx SR.
I understand your frustration and will give you as much information as I can regarding PAVC. Also, it is not our current practice to avoid getting a supervisor when requested and I sincerely apologize about that.
This stock, PAVC, is currently limited to closing transactions only, meaning you are unable to purchase the security at this time. TDAmeritrade has made the business decision to not allow opening transactions on this security. While we cannot go into specific reasons for this, we strongly believe it is in the best interest of our clients and our firm. While all trading of securities involves risk, sometimes the level of risk associated with a specific security is escalated beyond what is considered reasonable to TDAmeritrade.
Some reasons, but not all inclusive, may include:
Corporate Actions in which a lack of information, confusing terms, or unclear objectives may be involved. All corporate actions should be transparent as to objectives.
Apparent or possible fraudulent activity by a company or it's officers, with potentially manipulative actions to affect a stock price.
Frequent unsubstantiated press releases in an attempt to affect the stock's price.
Deceptive or contradictory statements regarding past or projected performance.
Corporate Identity Theft
Valid companies associated with 3rd parties (i.e. transfer agents, consultants, etc) that have shown a predisposition to any of the above activities.
Companies known or suspected to be involved in Money Laundering activity
If you would like to discuss the matter further, you may contact us at 800-669-3900.
Again we apologize for the confusion and would appreciate any additional feedback or information as we appreciate your business and want to be able to offer the service you deserve.
Rita S.
Manager, TD AMERITRADE
Division of TD AMERITRADE, Inc
AI
