quote:Originally posted by PCola77: I had no idea that there could be that kind of difference. Looks like I should have bought more yesterday at .0003, woulda made a quick double Alas, I think I'll wait for things to calm down and see what Scottrade has to say
quote:Originally posted by Repoman75: .0008... why do you guys use piker brokerages like Scottrade or Etrade?
Ameritrade is best.
The shares were converted were they not? Its not like if you had 1 Million of JPHC shares you have 1 Million of PAIV shares today right?
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are you talking to me Repoman? I had more but sold along the way down and had 100,000 shares left, that was only $120 originally so my loss is minimal, but yah if you had bought at 0.0003 this could've been a gain
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Here's the deal for anyone still holding. Take your average price bought in at (in my case .001) and divide by .462 and you have the exit price that will allow you to break even. In my case this is .0022.
Since it's currently trading at .0012 and seems to be on a small upswing, I'm down 50% in total, as opposed to the 80% that I was down yesterday (I would have had to sell at .0002).
Still bad, but not as bad as it could have been.
Of course this is all predicated on me actually SELLING at .0011, and I'm still not sure what I plan to do.
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quote:Originally posted by Repoman75: Wait a minute. Why doesn't someone call Scottrade and tell them to unrestrict the stock? Speak to their Reorg dept.
If they really are supposed to be restricted and Ameritrade screwed up, all of your trades will be broken.
Broken trades? Will they ask for the money back? May want to wait Hannibull, Ameritrade may come callin!!!
-------------------- "Remember... no matter where you go, there you are." - Mad Max Beyond Thunderdome
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I called scottrade and they said it will be monday when they get the shares of apoa and then maybe another couple days for the name change to paiv... this seems pretty half ass in my opinion if this guy already sold his stuff. Bottom line...i've been wanting a new broker now I'll get one.
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They won't ask, they'll just TAKE the proceeds and give you back your shares... again, only if they are supposed to be restricted.
If they are NOT supposed to be restricted, then all of you Scottrade people should be b1tcing right now if you want to sell. They are merely incompetent in updating their systems. They can take a contigent trade if they wanted to until they update their systems. This Tues. BS is BS.
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM!
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Dude, share price is moving up! Scottrade is screwing you! They are LYING! It has nothing to do with having shares.
Like I've said in the past, I was a broker (Series 7,63,24,4,55,53 licensed) and worked at Datek (now Ameritrade). When stock symbols change, the Reorg dept. just had to update all accounts in the system.
Scottrade is feeding you a whole lot of BS.
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM!
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quote:Originally posted by Repoman75: Wait a minute. Why doesn't someone call Scottrade and tell them to unrestrict the stock? Speak to their Reorg dept.
If they really are supposed to be restricted and Ameritrade screwed up, all of your trades will be broken.
Broken trades? Will they ask for the money back? May want to wait Hannibull, Ameritrade may come callin!!!
What are you talking about, they're going to punish me because they MIGHT have made a small mistake, over something as small as $60? lol
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OK - I sent Scottrade an email just now. If you use them and they fail to respond, I hope you'll do what I plan to do and move my account ot Ameritrade. Here's what I sent them:
Many of us are discussing the JPHC merger and the changing of our shares to APOA and PAIV, whatever it is supposed to be. We got this from a former broker: "Dude, share price is moving up! Scottrade is screwing you! They are LYING! It has nothing to do with having shares.
Like I've said in the past, I was a broker (Series 7,63,24,4,55,53 licensed) and worked at Datek (now Ameritrade). When stock symbols change, the Reorg dept. just had to update all accounts in the system.
Scottrade is feeding you a whole lot of BS."
Is this correct? I have another trading account and if this is indeed the case, please expect me to move by business away from Scottrade. I will investigate further and if it can be done immediately, I suggest it be taken care of immediately or a number of clients will find another broker.
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quote:Originally posted by Repoman75: Dude, share price is moving up! Scottrade is screwing you! They are LYING! It has nothing to do with having shares.
Like I've said in the past, I was a broker (Series 7,63,24,4,55,53 licensed) and worked at Datek (now Ameritrade). When stock symbols change, the Reorg dept. just had to update all accounts in the system.
Scottrade is feeding you a whole lot of BS.
Rodger Riney is friggin azz pounding me.
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I need a greamlin for this (how about it dk?), but sometimes you gotta grab them by the b....s and force them to do something. Anytime I call, I get someone who doesn't speak english well enough for me to get my point across.
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