Replies to post #12442 on RCC Holdings Corp fka RCCH

[H2NRG]

My broker, Investrade, requires phoning in of all pinks and OTCBB orders--see https://trading.investrade.com/ :

OTCBB and Pink Sheet Orders
All OTC Bulletin Board and Pink Sheet stock orders must be called in broker assist (no extra charge). Orders entered over the web will be rejected.

I just discovered this today, too... from http://www.investrade.com/commissions.htm :
Important Update: Starting April 23, 2007, there will be a $50.00 deposit/processing fee for all bulletin board and pink sheet stocks.

I guess Investrade must have been burnt by Pinks & OTCBBs--I'm not sure they are in the shorting game. They are a Penson company--have any other Penson companies been problematic? So far, the phone conversations for buying/selling have been reasonable. (edit: once my trade is entered by phone, I am able to change the price online.) Thankfully, no NO BUY or NO BUY/NO SELL lists like Scottrade has--I transitioned this IRA acct from Scottrade back in 2005. I may evaluate another firm in the future--at some point, I probably should seek recommendations.

Oh yeah, while I'm thinking of it, coolwhip... any chance that Gene has mentioned future plans to get off the Pinks onto a more legit exchange? If we're really talking dollars/share, then AMEX or NASDAQ might be in the cards? TIA.

[hotdog1012]

I use schwab and I have never have trade restriction problems. There's only one limitation - they only allow up to 999,999 shares per trade. You can put in multiple trades of 999,999, but that is the largest per block size.