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CytoDyn Inc CYDY

(Total Views: 461)

Posted On: 09/23/2024 2:46:08 PM

Post# of 148870

Posted By: ohm20

Re: biloxiblues #146486

Quote:
Did you know that if we had great news about Cytodyn, 99% of retail brokerage firms could not buy our stock? You could never enter an order because it's on the OTCB.

Merrill Lynch has halted trading on OTC stocks but almost all other brokerages allow it if you are self trading, some will block stocks that are not in OTC compliance. Most disallow brokers advising on OTC stocks. Brokerages will not allow buying of OTC in broker directed accounts and hedge funds will usually not allow their traders to buy OTC without prior approval.