Bioelectronics Corp (BIEL)

[Pitbulls]

Check this out on resticting trades. After a ong conversation with Scottrade here's the deal.ST, Ameritrade and most big trading companies use DCT as their brokerage clearance house. When a stock is not in compliance with DCT, they are restricted. I thought (wrongly) that this only applied to the buy side. However they also have a no buy no sell list, meaning that you could own a stock that you couldn't sell.

If you have Scottrade on the home page, click on Global Messages in the top right. Then click on Clearance Restrictions to see the lists. Here's the really bad part, in 4 years the manager has never seen a stock removed from no buy no sell.

For pinksheet stocks I need to find a more liberal company to trade with. Any suggestions??