Bioelectronics Corp (BIEL)

[Mustafa]

The stock is moving up nicely today which is the good news but the bad news is for several trading periods I have been locked out buying any more shares because being a Scottrade acct holder they have it listed on their No Buy/Sell Only list. I called my broker today about this problem and they have no intentions on lifting this restriction because BIEL and many other penny stocks might be "pumping and dumping". Although I have found Scottrade good to work with, it is unacceptable for them to control my ability to buy or sell a stock that I believe represents value to me. Therefore, I am opening an account with Zecco today so I can continue building my position with BIEL and a few others. I am writing this post just to share a fact, if you are a Scottrade holder and want to trade pennies you might want to consider a different broker, IMHO.