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Post# of 111215
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overachiever

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overachiever

Re: harryposter post# 65889

Thursday, 09/30/2010 12:16:23 PM

Thursday, September 30, 2010 12:16:23 PM

Post# of 111215
Oh oh. That is a sign this stock is headed for a big problem. When the online brokers start restricting them it usually indicates the Feds are hot on the scam and are investigating the trading of the issue for wash trading, issuance of unregistered securities, phony legal opinion letters, etc. "Closing trades only" restrictions are often implemented in response to SEC or DOJ inquiries into the stocks


Hi Guys, had EIGH under my radar for some time and decided to take the plunge today but can't buy any for some reason, it says 'This contract can only be closed' (I'm on IB).
Any idea why?

We are apt to shut our eyes against a painful truth... For my part, I am willing to know the whole truth; to know the worst; and to provide for it. --Patrick Henry, Patriot and Hero of the American Revolution

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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote