Why a stock is locked? No openning trades can be placed?

Quote from thriftybob:

Its your money. If it gets bought out, you'll probably do real well if you bought low, otherwise, I'd guess it will take a similar effort to sell it.

So did your broker say why they weren't accepting buy orders? The only cases I've seen of that before were ones where the listing was being moved or changed. I'm no expert, though.
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still locked. the cs told me that in the past, it is possible somebody's account is broken into and they found irregular trading patterns from the broker's client account. i was told this lock is only broker related, not KMA, SEC related. that is why i want to check if KMA is also locked with other broker.

i have never seem this before. excuse me, because i didn't study SEC regulations.
 
I'd *DEMAND* an explanation *NOW* if it was my money and my account.

That's total bullcrap if you ask me. Is it *YOUR* account that has a problem, I'd ask? Then *FIX* it *NOW* would be my reply if they said yes, and if they said they couldn't, I'd say let me speak to your manager!!!

On TD Ameritrade it allows me to go to review order with no error message. Sorry, I'm not going to actually buy it to test it for you.
 
Quote from thriftybob:

I'd *DEMAND* an explanation *NOW* if it was my money and my account.

That's total bullcrap if you ask me. Is it *YOUR* account that has a problem, I'd ask? Then *FIX* it *NOW* would be my reply if they said yes, and if they said they couldn't, I'd say let me speak to your manager!!!

On TD Ameritrade it allows me to go to review order with no error message. Sorry, I'm not going to actually buy it to test it for you.
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put an order at $4. your order will not be filled, because it is above $5. going into review page, does not mean, it can be placed.

i called the broker, and they still have the ban on the stock. i called KMA's investor's relations. they don't know why either, but they told me they would have a board meeting today. so far, there is no activies in the company they should but have not reported to SEC.
 
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