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Re: Yosako post# 17421

Sunday, 10/30/2011 12:39:21 PM

Sunday, October 30, 2011 12:39:21 PM

Post# of 234022
What? You call revoking DTC-eligibility for stocks randomly,

It is utter nonsense to think the DTC revokes eligibility on a random basis.

REFUSING to tell why it has been revoked,


The DTCC talks to their customers not you, they don't owe you a thing.

then CHARGING ALARMINGLY HUGE FEES to investors to sell their holdings is your definition of "honest"?

That is a broker passing on fees due to them not being able settle and clear easily. It is a free country if you don't like the fees charged get a new broker. There is nothing whatsoever that requires a broker to allow you to buy or sell all stocks.

We don't need anyone telling us what to trade.

If you don't like your broker then leave. It is their business and they can run it as they want.

It is great the DTCC and brokers are starting to take some responsibility for the OTC cesspool hopefully down the road it will be turned into a somewhat normal real market for companies.
The whole point of the market is not so you can trade scams it is to facilitate the raising of capital for real companies. All the garbage phony companies do is take capital away from real companies that actually need money.

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