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Posts | 43500 |
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Alias Born | 03/12/2006 |
Wednesday, February 08, 2012 11:26:25 AM
this was their reply
Thank you for your message regarding trading OTC bulletin board stocks.
When trading a security that trades over the counter (OTC), on the Pink Sheets, or is a Penny Stock such as LHHMQ, there is significant risk that the order may not be executed.
This can even occur when the security trades at or below your limit price. The OTC and other markets are unregulated, and market makers are not required to execute orders even if it is the best price currently available. Because of this fractured market, investors may have to place several orders before receiving an execution.
Sincerely,
Brian Giannoni
7:00 AM to 3:30PM EST (Monday to Friday)
1-800-ETRADE-1 (1-800-387-2331)
Senior Financial Services Representative
E*TRADE Securities, LLC
Disclaimer: I post on stocks that I own or am thinking about owning, I am not paid to post about them. If that changes you can find the disclosure in my IRP page. Do your DD, buy and sell based on that DD.
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