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Re: dcool1 post# 25073

Wednesday, 12/28/2011 2:04:09 PM

Wednesday, December 28, 2011 2:04:09 PM

Post# of 28290
Screenshot of trade reject from Zecco




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Transcript of my chat with Zecco representative:

Thank you for choosing Zecco Trading. A representative will be with you shortly. For Security purposes, all chat sessions will be recorded.

You are now chatting with 'Jasmine'

Jasmine: Thank you for contacting Zecco Trading. How may I assist you today?

XXXX: i tried placing an order to buy 6000000 PGIE stocks

XXXX: but got rejected as trading halted for this stock

XXXX: but looks like its not halted, please verify

Jasmine: I apologize about the confusion. At this time we are not allowing opening transactions for this stock. This stock is considered illiquid by the NSCC due to its extremely low trading volume and could trigger high penalties if the average volume traded is exceeded.

Jasmine: Did you have any additional questions or concerns that I can address for you today?

XXXX: okay, does this mean, this stock will not be allowed to trade anymore?

Jasmine: If you own shares, you may close your position. However unfortunately we are not allowing the buying of this stock at this time.

XXXX: okay, thanks

Jasmine: You are welcome! Are there any other questions I can assist you with today?
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~P~