The Scottrade Issue needs to be resolved. It's rediculous that every time I buy a stock with Scottrade that is over a 1,000,000 shares large they seem to put a block on any other memers of the brokerage house buying the stock. It's complete manipulation and holds the PPS down. This is because it impedes the abilty for people who use Scottrade's incentives like free trades for refererals to also share information about stock purchacese. So in essence they control what information your 'Friends" that you refer them to and open accounts can relay in the form of purchases and such. So, likewise, if I were CEO or on the GDSM management team; I would be hiring some Irvine or Newport Beach Attorneys withe Philadelphia-Lawyers-Like Skills to nit-pick the scat that these Scottrade in-house rule makers have done in the ability for account holders who they incentivized through promotion to be networked; to create an oppressed member; by singling out their stock picks and subsequently restricting their "friends" or "family" from buying it.
It's an effective "squash" method. I just bought GDSM and made a recommendation to my freinds. Scottrade allowed my trade to go through, but then "chilled" the GDSM buys so that I was the only member in my trading group with the abilty to buy the stock in Scottrade. Now of course we are smart enough to have a USAA and E-trade account because of these games. But the CEO of GDSM should address this issue. What SCottrade is doing held the price down because I know of three different Scottrade account holders who have tried to buy GDSM, but were restricted and impeded from doing so with their Scottrade available funds. This is in violation of DTCC and FINRA regs.
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