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Re: trackgirl514 post# 21371

Wednesday, 10/10/2007 7:20:15 PM

Wednesday, October 10, 2007 7:20:15 PM

Post# of 27672
You do realize they R not just picking on PAVC. Have you seen how many stocks they limit online buying and/or selling on? It is a very large list.

And the lists only contain companies with issues.

Remember the poster who posted within the last day or 3 that he tried to buy PAVC over $1 and e-trade would not let him. Gave the standard answer that they are protecting clients from companies with possible issues.

Do you think that poster is happy or sad that E-Trade did not let him buy over $1?

Considering he would have lost a fortune it is my opinion he is quite happy E-Trade did not let him buy over $1, unless he likes large % losses.

The brokers are not angels. They are certainly a big part of the corruption in the markets IMO. But at the same time, they do help people with these restrictions. The fact is this stock has done nothing but freefall. Anybody that tried to buy but could not is likely breathing a big sigh of relief as they calculate the losses they avoided and would have incurred had the brokers not had restrictions.

Look at the list of stocks each company has online restrictions on. Do you see anything familiar? Notice a pattern? Do some DD on these stocks and you will see most are saddled with many issues and large % declines in valuation. Most also have a detailed history of 'shammy activities'.

Coincidence? Not IMO!

((what is your opinion as to why TDA and Etrade are restricting buying, but not selling?))

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