I had positions in 2 stocks that went Chilled and at the time I was using zecco.
When I called zecco to find out what was going on they said it was their clearing house Penson doing this. I then tried to sell these 2 stocks and zecco told me I could get charged anywhere from $200 to $700 by selling these stocks. When I asked why the charge....they pointed once more at Penson!
From my experienceAVOID ANY BROKERAGE THAT USES PENSON AS A CLEARING HOUSE!!
As for other brokerages to follow suit.....I dont think so! because I can still to this day buy and sell them other 2 stocks by using Scottrade. No problems at all!
Something Big is brewing with ATTD so go to Scottrade and start loading up IMO.
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