Post by
lovehockey on Feb 17, 2021 3:18pm
Not allowed to buy again
Message that I get
This order will be routed to an investment representative for review. Penny stock (<$3) purchases are restricted when the order value exceeds the value of assets and cash in your account
Comment by
lovehockey on Feb 17, 2021 3:22pm
Just to clarify I have enough cash and I was trying to buy less than what is available on ASK side for 0.42
Comment by
senseimike on Feb 17, 2021 3:28pm
Didn't you already buy 1M shares ?
Comment by
Chris007 on Feb 17, 2021 3:25pm
According to the message you pasted, you don't have sufficient cash to make the purchase...Did you try scaling down the quantity you want to buy? are you taking into account commissions you need to pay? are you trying to buy with a market order vs a limit order?
Comment by
lovehockey on Feb 17, 2021 3:28pm
Dude, I have been trading ATH for more than 8 years. I even tried 100 shares @0.42. This is 4th or 5th ocassion in the last 2 months this is happening.
Comment by
Chris007 on Feb 17, 2021 3:29pm
Dude, it might be time to switch brokers...
Comment by
lovehockey on Feb 17, 2021 3:31pm
I have been with this broker for so many years. I do not think this is broker related. They are limiting you from buying somehow. I put the order and it is "reviewed" until the end of the day.
Comment by
Chris007 on Feb 17, 2021 3:33pm
I just bought about 500 bucks worth for shits and giggle...got some cash sitting around from dividends enghouse just paid out...bought 1154 shares for .425
Comment by
senseimike on Feb 17, 2021 3:40pm
Hey lovehockey....have you considered maybe they think you already have enough ?
Comment by
lovehockey on Feb 17, 2021 3:43pm
No, they would still let you put an order on the BID side. They just dont want me to buy from ASK, that is why this thing is not going up when volume dries up.
Comment by
2020oilgamble on Feb 17, 2021 3:45pm
This post has been removed in accordance with Community Policy
Comment by
Chris007 on Feb 17, 2021 3:46pm
Yeah, I'm pretty sure its just your broker...no one else is having any issues buying and selling as they wish. Who are you with BTW?
Comment by
lovehockey on Feb 17, 2021 3:50pm
Sorry, can't tell you. I wil get another broker and see.
Comment by
Chris007 on Feb 17, 2021 3:53pm
lol...lovehockey, man of mystery
Comment by
Maxmoe on Feb 17, 2021 4:14pm
Wtf? You sheetin us? I use bmo and TD. There, that wasn't hard. is it a bucket shop you're embarrassed to admit to? Could be, if it's a bank, they have safety switches that light up big red lights if you try to exceed your kyc rules. So pick up the phone and call dude.
Comment by
senseimike on Feb 17, 2021 3:52pm
LOL that was my attempt at humor. Is probably just a technical glitch with your discount broker.