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Re: barcey post# 58104

Monday, 08/29/2011 3:32:12 AM

Monday, August 29, 2011 3:32:12 AM

Post# of 79952
Barcey, Not being able to buy isn't the problem, my zecco brokerage is say that in order to sell non-dtc eligible securities it may cost as much as $700 for each sell trade you make to cover the costs of clearing the sell. I looked on the DTC listing and PIHN isn't on it but when I look on the zecco listing, hell it looks like they put all pinks on it just to be on the safe side and PIHN is listed as non-dtc eligible. I personally find this a bit suspect and will probably wind up changing brokers like many are doing. I just wanted to know if anyone knew of a reliable pink broker that didn't charge these IMO excessive prices or make up their own listing.

Ken