InvestorsHub Logo
Followers 2
Posts 108
Boards Moderated 0
Alias Born 01/20/2010

Re: verdict1 post# 13867

Friday, 01/22/2010 4:17:24 PM

Friday, January 22, 2010 4:17:24 PM

Post# of 44103
Call Scottrade and ask them ... they have many stocks on the list.

If you own shares in companies they give this designation to, you can only hold or sell your shares, you can't buy any more shares ... no averaging down, no adding during a rally, and the best part is a large number of potential investors (all of Scottrades) get frozen out of play which makes it easy for the MM to control.

Neat trick, huh?

Ask Scottrade how many of these restricted stocks use NITE as their MM.

They won't tell you & they won't even give you a list of restricted companies.

Likely, you'll be told that so many companies are added weekly that they stopped publishing it on their user site & you'll need to call a branch office to inquire whether a company you are researching is on the list.

Your short-squeeze of NITE is a pipedream, but if NITE can make a buck letting BEDA run, you guys can sell each other air all month long.