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:
No Buy/Sell Only No Buy/No Sell
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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.)
An open order for symbol EVFL has been cancelled on your account due to a stock split, reorganization, delisting or name/symbol/CUSIP change.
Please contact us for more information or assistance. You may access your account by going to Scottrade.com.
Shena Jackson-Ridley
Scottrade, Inc.
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.