I put in my orders and they were rejected. So I was just watching some stock and about 1 hour later I get a call from my broker. He asks me if I put in them orders to buy this stock. I said yes and why.He said that they were rejected because they were on the restricted list but he could do it by phone. So I asked why is it on the restricted list. He said it has nothing to do with the company. He said that there was a really large oder put in through a different broker through someones account that wasn't by the owner of that account and that is why they restricted it. Sounds like a lame excuse to me. But he did do it for me by phone free of charge!
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.