Its been reported on other IHub boards that this is Penson problem. Companies like Zecco use them. I know this was the case with several trying to trade MMTE. Most ended up having to transfer their shares to to Fidelity or some other broker that does not use Penson as a clearing house.
yeah, isn't that ridiculous? They recently increase their trading fees on pennys to $6.95 per, instead of the $4.95 they advertise. Moving on is a good idea and I think I'll check out Scottrade.
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