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Re: None

Thursday, 03/04/2010 3:17:08 PM

Thursday, March 04, 2010 3:17:08 PM

Post# of 83049
TDAmeritrade Update:

Basically the gentleman I spoke to didn't have any information on why this was a restricted stock and was very upfront about it. He said this is something that is reviewed by the risk department and it's best for everyone involved if the brokers are kept dark to the information of why so they don't persuade you one way or another.

I also asked if a customer could request an immediate review of the stock based on pink sheet transparency changes? He said in all his years he had never heard of anyone doing this, but said they would never not submit a request of an account holder.

So, when the PS update is complete, I will call in and see what kind of request I can make.

But, for now my takes is:
- TDAmeritrade is a conservative brokerage house (which I kind of support)
- Temperature on when CPRK will come off restriction is pretty cold
- Might take investor requests to review a stock based on changes
- Thought I was pretty nuts wanting to invest further in a company TDAmeritrade has restricted (it was the tone of his voice)
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