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Re: lucky, mydog post# 13553

Thursday, 08/25/2011 6:44:44 PM

Thursday, August 25, 2011 6:44:44 PM

Post# of 31931
Well ok let me break it down for ya:

1.
------I DID NOT SAY THIS WAS HALTED BY EVERY BROKERAGE OR IMPLIED THAT I THOUGHT IT WOULD BE!


2.
-----I however DID say that Zecco halted this stock and the only trades you can make are over the phone sell orders.. call them, I have! They will tell you the same thing! 877-700-STOCK (7862)


3.
-----I dont kno about everone else but I would say that there IS such a thing as a "partial halt" within a brokerage when you take into consideration that you can no longer make trades for yourself online...you have to call into the brokerage to get them ordered. (Zecco halted online trading AND going long here)

4.
-------When I called Scottrade they said the only way they would completly stop trading somthing was if it was an SEC mandated order which they wouldnt know about until it was too late or an "in-house" order which they would have advance notice, and they do not! I saw another post that said the same thing from their local branch!

if you read my post it clearly states that:

if scottrade was to "halt" trading on something they would know in advance UNLESS it was an SEC order and they also said they very rarly stop altogether more likely to limit your trades to over the phone which is the "partial halt" as discussed previously.

any questions?