Replies to post #61556 on SPOOZ Inc (SPZI)

[funmaxus]

The Scottrade advisory seems consistent with similar advisories on other stocks trading in this range. Individuals who have been faced with this problem have needed to call their broker when placing an order. I have had no problems with my broker Zecco to trade at this price point. As a side note, Scottrade I believe is very related to Knight Equities, or NITE, who may be having a bit of difficulty with a short problem. While less noted and discussed, when Obama signed an executive order to change the Freedom Of Information Act, to allow requests to go through easier, the market started to rally, just prior to the conclusion of the Geithner hearing. The importance is that perhaps the hedge funds and market makers that have participated in shorting and/or naked shorting, which has been protected by DTCC will be released through new FOIA rules. Indeed some of the older FTD's dropped off the list at buyins after the announcement. http://www.buyins.net/tools/short_list.php?dys=>12 While the REG SHO Threshold doesn't apply to OFON and SPZI, this may eventually change. A significant FTD problem hasn't been much of a problem with Spooz and I would be surprised if data for 4Q was at all substantial. http://failstodeliver.com/default.aspx

You may want to consider another broker. A short list of brokers in which other posters on other boards have complained about trading at this level would include: Scottrade, TD-Ameritrade and E-Trade, which have set limitations, and/or restrictions for stocks trading in this trading range.

JMO. GLTY.

[Gbathat]

It has been that way for several months... I found it suspicious as they gave me three different reasons for the policy.

I am switching over to Zecco.

[pocdab]

thats odd