I have have bought and sold over a hundred different pink and otc stocks on Scottrade, e trade ,ameritrade, Schwabb and speedtrader.
I have never had a conflict buying a security unless there is irregular trading in which case they will restrict for 24-48 at most. Or if there is Symbol conflicts like Magnum has had. I believe they will life any trading restrictions very soon.
The More Private Brokerages are usually the ones to bust chops and require a UNSOLICITED letter. Online has never given me a problem and im talking on some major stocks that have gone up and down and to the toilet even where i have lost my ass because the management has lied about everything I could trade it until the last day.
One of the reasons I love Magnum is they don't resemble any of those companies.
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.