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jsnides

09/02/11 5:25 PM

#52376 RE: microcaps1 #52373

Here is a start r/t Penson clearing houes rules and Penny stocks;

http://pulse.zecco.com/2011/08/the-increasingly-murky-niche-of-penny-stock-trading/
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jsnides

09/02/11 5:46 PM

#52377 RE: microcaps1 #52373

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jsnides

09/02/11 5:53 PM

#52378 RE: microcaps1 #52373

I think this DTCC policy says it all, an interesting read;

http://www.dtcc.com/products/documentation/asset/Securities_DTCEligibility.pdf
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Sunnybank

09/02/11 9:15 PM

#52389 RE: microcaps1 #52373

LOL - too funny... gotta roll with the punches "over there." Little/no mutual respect between sites... some good re3ads there, but absent much DD, and b*sher haven, though not so much for CWRN of late.

Bottom line is that CWRN has demand and supply. Everything else is a wait and see, and what those of us somewhat "in touch" know only justifies the rewards the faithful shall receive. It's the timing that has us on edge.

I'm still fuzzy on the DTC/Penson flap... not liking it, either. Just glad my broker is self clearing.

I like today's price action, however, especially before a long weekend, and in a tenuous market.