I called TDA a minute ago and they said they will not allow opening position in HMGP because it trades in physical certs. only. I asked why they originally restricted trading then lifted the restriction and then re-restricted trading as HMGP has always been physical certs. He had NO answer to that.
I asked him about the "mutual agreement" comment and he put me on hold and asked the dept. that deals with these issues and he came back with nothing except the physical certs issue.
TDA supposedly saying they were concerned about their costumers losing money can't be true as I have traded several penny stocks that I lost money on and they don't seem to have any problem trading those stocks.
I'm starting to think the NSS theory may have more credibility now but that is just a guess.
For the one who got the "mutual agreement" comment. Maybe you can call TDA back and find out who the cust. service person is that made that comment and then call John Kelly. Just a thought.
Dont understand this but the shares that i hold of HMGP show up in my account at $0.0007 and im at a 99.3% loss.. so I bought another 10k today, I had no problems with my order going through ay .16 but my account still shows $0.0007 as the price..... Something is amiss here... but hey im long an strong...... someones gonna get burnt... An it aint me :) GLTA
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