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Thursday, March 03, 2011 3:51:19 PM
Concerning the order that I had in this morning that was cancelled.
The gentlemen from USAA left me a message explaining why they cancelled it. He said, "There are stock clearing issues with SMPP based on the uncertainty of the other side (SMPP) being able to deliver the shares. With the risk it presents they're not accepting orders at the time."
My guess is with all the air shares, short selling, etc. is why it was cancelled and USAA is now locked out just like the others. As we suspected all along it's probably the short covering IMO.
Just thought I'd give you all this tidbit of info. Another reason why I love USAA. THEY called ME!
-GO SMPP! Long and Strong!
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