Matt,
Where are you coming up with that? Just curious..maybe I missed something (which is totally possible). ;)
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I just got an email from Scottrade saying my sell order has been canceled to to a change possibly a name, delisting, stock split...it doesnt say what though
I swear I saw it with my own 2 eyes hit .0002 just a minute ago, not necessarly newsworthy but as fast as it was there it was gone and Google still has a flatline on it ...
Watching SPNG ... I got this itch to maybe flip it, thought about it at .12 ...
But really thought it was going to just tank from the panic ... Hmmm, more likely I will just watch. There still is the 10Q to come correct?
Got a feeling there is more to be let out of this bag in the ensuing days ahead.
Clearing Restrictions
Scottrade has set restrictions on the following securities due to clearing restrictions:
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.AFPUN ADGSF#
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.EPUN AVPJ
.FCEUN Bad Toys
.FYPUN BCIT#
.IPLUN BGCC
.LPVUN BHUB#
.MKZUN BLKIA
.MMNUN BRPNF
.PUB CBNG
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ADCS DBYC
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BIEL HHGI
CBGC HSXI
CBCGQ ICTC
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No Buy/Sell Only - You cannot place buy orders on this security. Only sell orders can be placed.
No Buy/No Sell - You cannot place either buy or sell orders on this security.
* Symbols appearing in green text are recent additions or changes to the list.
Updated 09/04/09
Regarding account ********
(For security reasons we have supplied only the last three digits of your account number.)
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Shena Jackson-Ridley
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if the naked shares aren't part of the reverse split, which they shouldn't be, then they will have to cover possibly 900 million naked shares with only 5 million shares available to buy, interesting, now the 100 RS makes sense, take O/S to nearly nothing so they can't get back without skyrocketing the pps.
Matt,
It says that EVFL is a no buy / sell only stock...maybe they are updating it.
If I could sell EVFL, I would be out of there before a R/S hits....that could be what is going on. They have just been updated with Pinksheets.com and are in good standing as of last week.
I'm on the phone with them now, I will not hold it if it r/s...
how many more days until bcle = :D
once they sign a big contract?
it was mistakenly sent. It was supposed to be sent to people with buy orders, you can not buy the stock from scottrade but you can sell it.
SPNG
In this morning at .14, out at .1628 within an hour and a half. Easy way to make a thousand bucks and the day isn't over.
I would not have even thought of this trade if it weren't for this forum.
Thank you all so very much.
SIRI is looking good today also. It's a great day to be investing!
lol sorry, I probably should have called before I posted and scared anyone
So in effect, FORCE the NSS by applying the r/s? This is one crazy game of chess. Good thing we're the crazy penny chasers. This is right up our ally.
I have to agree with Bass tho. The bottom line is the balance on your trading acct at the end of the day. It's a great product and will continue to be even after the r/s. You can always buy back in.
With that in mind, after Romo announced to us the delayed 10-Q I sold my position In SPNG last Friday. I like the company and the product, but it's been my experience that when expected filings are delayed, it is rarely ever good. So I sold with the mentality that I can always buy back in later. Never hesitate to exit and take profits if you are in doubt. That's how I protect the value of my trading acct. (And how I keep my sanity in this market.).
Hey you too Bill! It was relaxing .. :)
And of course you were way ahead of me by the time I responded - FWIW Stang, this seems to be soley a Scottrade issue from what we could gather last week.
They just got moved up on the tier for the Pinkies so I think this has more to do with commison charges between them and the MM's than anything else.