Hi buddy. Something for everyone to think about. Interactive Brokers has a trading restriction on this stock. They do that on a lot of OTC stocks as I’ve already said to you.
But but but, here’s the reason why they do it. It’s way too much of a coincidence that IB also has a restriction on opening new positions in this stock.
Recently they’ve placed trading restrictions on CL*NV, CO*SM and GD*VM. All three were up to date with their filings and it was known that short market makers had been on Level 2 for some time but the usual tactics to bring the price down had not worked.
So once again, there’s a trading restriction on APSI on Interactive Brokers. To me that says that there’s a significant uncovered short position which market makers hold in this stock.
I’d buy by sending funds to my Canadian brokerage account when they become available next week, but the funds wouldn’t clear before well after Christmas and it’s a lot harder for me to withdraw funds from my Canadian brokerage account, otherwise I’d also be a buyer here as well!
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