re: "put stocks on the call only list and that DPDW's presence on that list currently was not because of anything specific to DPDW.
Has anyone heard anything different??"
Have experianced the same thing w/ Scott. Same thing happened trying to buy MOSH after it had a price spike a while back and more lately with DPDW. When I asked them about it, I got a similar vaguesness of explanation but I did get a bit more in that they were flagging penny stocks with "an unusually large upward price moves". I got the impression that the person I talked to wnated to say more, but wasn't supposed to.
However, I have a theory.
A while back there was a news piece about how computer hackers had somehow gotten access to online account information. The hackers/accomplices would buy up a bunch of some penny stock. Then they would run a automated program that would basically hijack a multitude of online accounts rapidly logging in, sending a buy command, logging out, one after the other for that same stock which would send the pps skyrocketing. Then the hackers/cronies would sell st a tremendous profit.
I surmise that disabling online buys, having to manually call in the order, would be an effective means of de-railing that particular scheme.
They probably wouldn't want to talk too much about it since no broker would want to admit to suffering a security breach. Also, it's possible that maybe they are doing it to try to catch whoever was doing it, here again, not advertise what they were doing.
It's been a while now, so maybe the flap is over. Maybe they consider it more of a preventive measure now.
Like I said though, just a theory. But it would also fit with "not having anything specifically to do with a particular company".
