Replies to post #18769 on Signature Devices Inc. (SDVI)

[RisingProfit]

They are not wanting enough IMO.

[Johnny4profits]

DO NOT PUT ALL EGGS IN SAME BASKET...........

I feel that any trader should have more than one trading account so as to cover these circumstances with trading restrictions. They happen a lot. I learned this by missing out on tens of thousands of dollars by being trapped full in with Scottrade.

Now ZECCO is my ace in the hole as they will and do come through when Scottrade and others put a stop on buys, usually allowing sells but no buys. You can phone your broker and they will tell you why they have restricted trading. But by the time you move money over to Zecco or someone else, you may have already missed the prized trading window.

Heck of a note having your money tied up with a broker who will not let you buy and sell as you wish to do with your money. But that is the way it is.

I like Scottrade and the services they provide. But I don't always like the position they take with microcap trades. Now I don't have to worry about it.............


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