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Tuesday, January 19, 2010 11:08:07 AM
From experience I have to often call the broker on special stocks that are volatile or pinkies.It becomes a hastle and can get worse when they will not let you sell.It takes a while for them to get to that point.................and then it can be lifted when ever Scott feels like it.
There are never any explanations or real reasons that you can plan on. So just use another broker like Zecco, bank of america ,e-trade.......these three I mentioned do not use the DTCC for clearing their trades and they do not seem to do this restricting of pinks. It may be that Scott does not make much money on pinks and they want to get out of that area......IMO
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