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Re: Phillip J. Fry post# 36282

Thursday, 01/05/2012 12:41:07 AM

Thursday, January 05, 2012 12:41:07 AM

Post# of 54312
Unfortunately, I'm in the same boat. I have over 4 million shares in accounts at TDA and Zecco. I have been unable to find a brokerage that will let me transfer penny stocks. I even opened an E*Trade account because when I talked to customer service, I was told that their policy was to not accept penny stocks, but that sometimes they slip through and he thought it was worth a try. I just got notified that the transfer was rejected. I called and pled my case, to no avail. I'm stuck with stocks that I can't trade or transfer. Both TDA and Zecco use Penson. I hope that this situation can get cleared up soon.