InvestorsHub Logo
Followers 19
Posts 7257
Boards Moderated 1
Alias Born 04/21/2006

Re: None

Monday, 08/11/2008 2:51:56 PM

Monday, August 11, 2008 2:51:56 PM

Post# of 282
Bad news folks (for me anyway).

Last week my company decided that my department is no longer exempt from compliance requirements, effective at the end of this week. What this means is that I am now required to clear all trades through our compliance department before making any trades. While that rule by itself would severely hamper my trading, there is also a rule that you can not sell a stock within 60 days of purchase. Obviously that rule eliminates my program as a viable trading strategy.

Chances are, this is the end of my trading, so I don't know how often I'll be posting or reading here after this week. I think it would just make me mad to read about trades that others are making that I can't, so I'll probably just try to stay away.

Good luck to you all.

Join the InvestorsHub Community

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.