Replies to post #94882 on Verus International Inc (VRUS)

[Jolly855]

There is a couple things I'd like to add.

4. A month ago there was a 10million share dump at market which caused volatility. You can see that day, it has a big double wick red candle formation.

5. This restriction is the plan all along. It limits day traders, which consequently causes daily stability. Why does everyone see this as negative? If Someone is long they will buy and sit.

[shotsky]

Etrade is not a market maker. They sold their MM division years ago.
All brokerages have rules, generally to protect their clients. VRUS has triggered one of those rules, but no one is sure which one. My guess is that they are selling unregistered shares, which they have FILED and SAID they were selling unregistered shares, which, although legal, is a shady practice.
It is easy to find out what causes brokerages to block online trading, but it is not easy to know which one has triggered, generally.
Google is your friend - go look up the reasons and figure out what has caused this issue.

[JMMatthews]

jmho there's a chance they've been covering since .01 during this 2-3 week bull run. One of these days they're going to allow online buys again jmho

etrade since '98

VRUS $$$