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Microcap & Penny Stocks : MKII -- Ignore unavailable to you. Want to Upgrade?

To: Zbyte who wrote (665)	1/24/1999 10:24:00 PM
From: Zbyte	Read Replies (1) \| Respond to of 834

Listen to this Etraid night mare. There must be a class action suit going on somewhere against Etrade. I have been with them almost a year and I have had problems logging on, and getting through busy signals and getting trade executions on time. I recommend that no body use them they are very screwed up. The last problem was last Thursday. I bought into MKII 2 days before it did a reverse split 1-100 and a name change. well I thought that the next day there will be a massive sell off at the bell. When I got on line I put the new symbol in MKIID and Etrade could not find it. So I got off line and called their line was busy. Its 6:32 and I am getting frantic, 5k going down the drain will freak you if you cannot do anything about saving it. Finally after 40 minutes of trying all their number I get hold of them. The guy who answered took down all my info and said he cant find it and would have to go to Bloomberg and see what was happening. 10 minutes later waiting on line he gets back to me and tells me they had a 1-50 reverse split and a name change, hell I already told him that. So I asked what is the bid and ask, he said hold and I will get a broker, well folks if he were in front of me I could have choked him to death, I said Goddamn it man what the fuck are you doing on this brokers line, he left the line and the phone went dead. I was so beside my self I could have just exploded. I called again and the line was busy (UNBELIEVABLE) I kept calling finally a guy answers again some one different, I asked this guy if he was a broker, he said he was and then of coure what is my name etc. So what is the bid and ask of MKIID, he couldn't find it and had to go to Bloomberg, he came back in exactly 7 minutes. The bid according to him 1/8 by .25, I was totally broke, and he said the volume was 200k and that most of that was sold at .25, I said at .25 whats up with that. he didnt know and asked what do you want to do, I told him to sell at .25. Well folks, when I got back on line the symbol was up and the bid was .25 and ask $3. and the volume was 2000+ . Guess who sold, ME. I was the only person who sold. They totally screwed me out of my money. I am in dispute but I think IM just screwed. IM sorry for the language but Etrade is just no good.