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weatherdude

08/04/12 10:31 AM

#67987 RE: N4longterm #67986

Yeah it's too bad these trading houses aren't regulated by an industry auditor or someone...Then they would at least be somewhat accountable for pulling stunts like this. I'm afraid that there's no way to avoid being abused as some have described over the last couple days, other than not moving your account perhaps having a second trading account would be prudent so you at least have some flexibility when there's a problem related to a restricted security. I have both Scottrade and Zecco to avoid being victimized by these corrupt trading houses. Sometimes one must take matters into one's own hands when your dealing with this sort of crap...Gotta be proactive otherwise you'll get pillaged!!! Enuf said... $MIKP
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imiloa

08/04/12 11:39 AM

#67989 RE: N4longterm #67986

N4, re: nobody should have to change brokers, i agree with you in principle.
but sometimes reality is what it is.

i signed up for Etrade last Fall just for MIKP, and if i hadn't, i wouldn't have been able to add another 60m of this at 0001/0002 over the winter/spring.

TDA did starting trade MIKP in the spring again, but only after the bid had risen to 0002/0003.

sometimes it doesn't pay to fight reality.
better to just ride the wave that's going to the shore you desire.

that said, glad you were able to add some during TDA trading window.
you're part of the old guard (those of us tracking this since the PINR shell purchase), and you deserve to be onboard for the potential ride to pennies on WS sale.