This is on Hovendick and someone needs to start a class action suit against that vermin. He has caused millions of dollars of losses on this deal. If anyone knows about a suit I would appreciate knowing who. Good Luck to all but this deal is dead.
TDAmeritrade is now Schwab and has been for quite some time. Up till yesterday there was always shares available to buy and sell on the bid/ask prices because it showed what was available. Today both the bid/ask prices showed zeros. I just called Schwab and you are right that you cannot buy any otc stocks that are on the expert market but you can sell shares by calling a Schwab representative. The next time you would be able to buy shares on Schwab of JPEX is when they are upgraded back to pink limited. I thought buy orders on the otc expert market could be done by calling into a Schwab representative and having them do it. So as of now you have to wait to buy. Fortunately at this time Franks and Hovendicks hundreds of millions of shares can come only be sold for chump change until things change. There are brokers who will allow you to buy shares of otc stocks on the expert market but you will have to find one. If I find one I will let you know…
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