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malamutus

08/18/11 11:10 PM

#23196 RE: wakeupdummy #23195

Yeah, I am with questrade which goes through Penson as well.

Penson has an issue with POPN as well as a couple of other pennies I am in.

It's pretty lame when you can buy a stock and then with no warning you learn that you now can't sell it (without paying rediculous fees)

I've got a couple stocks that are worth about $400 total, but to sell them it is over $1K. So they just sit there in case they ever get pumped up enough I can bail; POPN being 1 of them.

Told my broker this has to be illegal, they said that is the risk with pennies. I told them i knew exactly the risks of trading pennies, this was not 1 of the risks that is supposed to happen.