dallas66tx what a Joke, Good Post
This is like playing poker with a dealer who ha a stacked deck
along with a mirror in back of you showing your hand so the dealer can se it.
They can't lose.
Put this post in a SEC Complaint.
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By: dallas66tx
05 Aug 2006, 12:57 AM EDT Msg. 12609 of 12610
(Msg. is a reply to by None.)
This was posted by another person on another board, but well worth looking at.
COMPLETE LIST OF SECURITIES WITH ONLINE RESTRICTION : TDAmeritrade
here is the transcript of todays conversation with TDAmeritrade complete with a list for the I-BOX
Chat InformationPlease wait for a site operator to respond.
Chat InformationYou are now chatting with 'Elizabeth'
Elizabeth: Hello. How may I assist you?
B: it has come to my attention that TDAmeritrade has restricted online purchasing of certain over the counter securities. How long will this situation persist ?
Elizabeth: We have made the decision to require the purchase of certain securities through a broker over the telephone due to suspicious trading. We will continue to require this for these securities until we believe that there is not manipulative trading taking place on those securities.
B: what do you consider manipulative trading ? Currently there is virtually NO trading on some of these securities. This is maily due to the uncertainty created by certain online brokerage's decision to not allow online purchasing
B: what criterion has to be met for you to restore normal trading policies ?
Elizabeth: Trading that would manipulate the market for those securities. I am not sure of the specific criteria that needs to be met. It would be a proprietary business decision to allow online trading of the securities again.
B: Doesn't every trade that changes the last recorded market price in essence manipulate the market price ? i.e. if a security is trated at say $5.20 and the ask is $5.30 and bought at the ask, would I be manipulating the price ??
Elizabeth: At this time, I have provided all of the information that we have regarding this issue.
B: essentially none
Elizabeth: If you wish to purchase a security that is on the suspicious trading list, you will need to do so with a broker at the Internet commission rate.
B: you neither told me specifically what you cosider manipulative trading, nor did you tell me how long it would persist
B: Do you have a complete list of all securites that are on your 'suspcious trading list'?
B: I would like to buy some of them, since you policy has virtually obliterated trading on some these stocks
Elizabeth: There are many factors that they consider when determining manipulative trading. We do not have a list of the factors. We simply know that they have been restricted due to possible manipulative trading. We do not know how long it will last and we do not provide the full list to our clients. If you want to purchase the securities you still can you just need to call a broker.
B: no, i would like a list of securities you are resticting. After all I am a TDAmeritrade customer and feel I'm privy to information that affects the trading in stocks I own (and I own at least two stocks you are restricting)
B: you should also let your supervisor know that TDAmeritrades bottom line is being hurt because you are haing to spend time explaing things to me and other shareholders
Elizabeth: Please hold one moment
Elizabeth: ABRI
Elizabeth: ADH
Elizabeth: ADNL
Elizabeth: ALT
Elizabeth: AMM
Elizabeth: ARCI
Elizabeth: ARTX
Elizabeth: ASGRE
Elizabeth: BDCO
Elizabeth: BFLY
Elizabeth: BWEB
Elizabeth: CGDC
Elizabeth: CIVX
Elizabeth: CLEC
Elizabeth: DBMI
Elizabeth: DDSI
Elizabeth: DELT
Elizabeth: DIMEZ
Elizabeth: DYII
Elizabeth: EGHT
Elizabeth: EGXP
Elizabeth: ELU
Elizabeth: EMRG
Elizabeth: ERES
Elizabeth: ETWCW
Elizabeth: FONR
Elizabeth: FORG
Elizabeth: GDKI
Elizabeth: GLBT
Elizabeth: GPRE
Elizabeth: GSPG
Elizabeth: GTCB
Elizabeth: HIV
Elizabeth: HLUN
Elizabeth: HMGP
Elizabeth: IASG
Elizabeth: IIP
Elizabeth: ILC
Elizabeth: IMJX
Elizabeth: IMNY
Elizabeth: INSN
Elizabeth: IPRE
Elizabeth: ISIG
Elizabeth: KINDZ
Elizabeth: KUL
Elizabeth: LITL
Elizabeth: LSRI
Elizabeth: LTEC
Elizabeth: LTS
Elizabeth: MBAY
Elizabeth: MLIN
Elizabeth: MNDO
Elizabeth: MPET
Elizabeth: MUME
Elizabeth: NCOC
Elizabeth: NGRU
Elizabeth: NICH
Elizabeth: NMSS
Elizabeth: NSLT
Elizabeth: NXXI
Elizabeth: ONH
Elizabeth: PAIM
Elizabeth: PCLO
Elizabeth: PLNI
Elizabeth: PMHJ
Elizabeth: PSUD
Elizabeth: PYST
Elizabeth: QEGY
Elizabeth: REDI
Elizabeth: RLTR
Elizabeth: RMDG
Elizabeth: RSFF
Elizabeth: RWGI
Elizabeth: SDIX
Elizabeth: SONT
Elizabeth: SRVN
Elizabeth: SSPI
Elizabeth: SWAT
Elizabeth: SYNMW
Elizabeth: TPPH
Elizabeth: TRPH
Elizabeth: UNCN
Elizabeth: VECO
Elizabeth: VLTS
Elizabeth: WBRS
Elizabeth: WDCV
Elizabeth: WGAT
Elizabeth: WNMI
Elizabeth: WNSH
Elizabeth: WOLV
Elizabeth: WSTM
Elizabeth: That is the list.
B: Thank you very much!
B: good bye
Elizabeth: You're welcome. Thank you for chatting with us today. Goodbye.
Chat InformationChat session has been terminated by the site operator.
