Re: Does this make sense?
posted on
Feb 29, 2008 05:49AM
THe same situation occured with Ameritrade when I was trading another OTC stock (EDIG). They halted online buys via their website. All "buy" orders needed to be placed throught a broker. Sell orders and closing of the position was available online. The reason: suspicious trading activity. After aprox. 2 months, the situation was resolved (in respect to online buys). During that 2 month period, the stock tanked 60%.