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money6870

08/13/13 12:31 PM

#47810 RE: Bobwill59 #47808

Ameritrade is garbage for trading penny stocks. They have alot of them on a chill list.
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Jsnuffy6

08/13/13 12:32 PM

#47813 RE: Bobwill59 #47808

Go for it... Is it possible to just transfer any stocks I hold in ameritrade to another broker firm? Or do they have penalties and such for leaving them?
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samsamsamiam

08/13/13 12:51 PM

#47823 RE: Bobwill59 #47808

Ameritrade has had a chill on this for months

And THAT should be seen as a red flag. although I do not believe it is a DTC chill:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=90080800

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=90081040&txt2find=tda

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DWAC Chills are found out through TDA as retail customers often find their trade rejected or not allowed for a specific security. Some companies disclose in their filings, if they are an SEC filer, this particular issue to their financiers. Unfortunately there is no way of knowing the number of DWAC Chills issued against OTC securities, no means of public Notices. I have suggested that the OTC Marketplace should have DTCC Eligibility as part of the company Info Tab on each security notifying shareholders or potential shareholders whether or not they may have DTC issues when trading such a security.