Replies to post #9355 on Valcom Inc (fka VLCO)

[John15]

As I understood him, he said the huge fees were sell side, not buy side. I guess if you check their non-DTC list before you buy then you'll be fine, unless of course something like this happens and the stock get listed AFTER you bought it. I'm long on VLCO anyway so I'm hoping this won't be an issue when I finally do sell.

[Penny Whisperer]

yes, true...i'm pulling out of zecco. in the process of transferring to TD Ameritrade.

The form that lists the non-DTC-Eligible securities is a pdf form and no way of knowing how updated it is...

my issue is that they tell one person it's NOT on the list, and they tell another person it IS on the list... and yet, they cannot tell me the criteria for WHY a security is on that list...

and to me, it seems very arbitrary, as if Zecco is wanting to alienate their penny stock traders, although I cannot understand why they would do such a thing, seeing that us penny stock traders are their bread and butter.