One Step Ahead

[joye1]

Bo...GLKCE

Something you might ask the company or their TA....

....was there notification made through the proper channels by the company/TA of the r/s?

I think notification was made (traders at ihub were aware of the r/s).

The reason I am suggesting you ask this question...

When I telephoned etrade about GLKCE...the reason I called them was because it wasn't possible to buy on line...they had a message tag saying something to the effect..."transactions in this security cannot be placed on line...you will need to call an etrade customer service representative"...(the exact wording of the message displayed by etrade was copied to this board in a post by Drillbit).

I posted on Friday what I was told by the etrade customer service rep (he called the trading desk...he was told the stock was under investigation (investigation was the word he used). I did ask why it was being investigated?...he didn't have an answer.

I also mentioned to him they had just executed a r/s. He said possibly a notification by the TA of the r/s had not been made (I assume he was referring to a notification to the market makers...I didn't ask...and this was only a speculating comment on his part (I think).

Anyway...it's obvious the ball was dropped by somebody...and right now I think it was the MMs and not the company/TA. It will be interesting to see how this is resolved.

I wasn't able to buy shares (right now all of my on line accounts are with etrade).

If I had been able to buy...I would be holding onto some shares just to see how it plays out.

Joy