As I understood him, he said the huge fees were sell side, not buy side. I guess if you check their non-DTC list before you buy then you'll be fine, unless of course something like this happens and the stock get listed AFTER you bought it. I'm long on VLCO anyway so I'm hoping this won't be an issue when I finally do sell.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.