InvestorsHub Logo

GotOptions?

02/02/07 12:24 PM

#33553 RE: blackstns #33534

suspicious trading in penny stocks,

What the hey is suspicious trading ? When a stock goes down it "looks like" a giant money laundering machine, and when it goes up it "looks like" a giant free ATM machine, thats just the nature of the markets especially at the penny level.

So I think the restrictions are just silly attempts to try to insert a middle man, when the overall effort on the NYSE is 24/7 online and electronic trading worldwide in all markets affilliated with the NYSE which there should be many in the future. Hopefully all markets will follow that lead.

walknmannv

02/02/07 12:25 PM

#33554 RE: blackstns #33534

Same crap that Scottrash has been using for three weeks now. They got hacked by an amateur Russian, along with three other companies, and now they are 'protecting' us. How is it protection if you can still call it in? They are protecting themselves and the MMs.
Walk

blackstns

02/02/07 3:08 PM

#33661 RE: blackstns #33534

This is some BS...here is what Scottrade just emailed me:

Dear Client,

Thank you for your e-mail. Your recent message or response has been forwarded to the Scottrade Compliance Department for review. We appreciate your patience as your question or complaint is being researched. You will receive a response directly from the Compliance Department in 7-10 business days.

Please let us know if we can be of further assistance.

Sincerely,
Crystal K.
Scottrade Inc.
www.scottrade.com


By the time they get back to me, the restriction will probably have been lifted. LOL...and they will probably just tell me that it has been lifted and not give me any real reasons. Oh, well, I tried.