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BEST OTC BB EXECUTIONS

An SI Board Since March 2000

Posts	SubjectMarks	Bans
45	2	0

Emcee: GARY P GROBBEL	Type: Unmoderated

Introduction Compact

With the boom in trading and investing in general there has also been an accompanying explosion in trading of and investing in OTC BB companies. This is NOT the pinks. OTC BB is a level below Nasdaq small cap and a level above the pinks. And the OTC BB is garnering even more activity as the SEC alphabetically runs through existing Nasdaq/OTC BB stocks to compel all the companies to become fully reporting and current in their filings. By summers end all companies on the OTC BB will be fully reporting and current.

That in and of itself is a huge plus for investors. BUT, there is a downside here and that involves the level of service you receive from your broker and the level of service we all receive from the market makers. Due to increased trading volume I think that service is getting a little jagged around the edges both from our brokers and especially the MM's....in fact the mm's scarcely pick up their phones anymore...there has already been a notice sent out from on high instructing the mmakers to pick up that phone when it rings.

Part of this is due to just plain numbers. More people are investing/trading and more people are discovering the OTC BB (for better or worse). Add to that the ease of investing utilizing the web as an interface and you end up with a huge number of investors all trying to get the best level of service from both their brokers and indirectly from the market makers. See the front page of the WSJ today.

All of the above brings me to the following query....which brokerage house offers the best service for executing OTC BB trades?

As a baseline any broker listed here has to offer at least the following:

-has to be a discount broker
-has to allow OTC BB trades thru the web
-has to have a 'premier' level of service for frequent traders/investors
-has to handle trades over the phone w/o a 5 or 10 minute que
-has to be full service (funds, bonds etc..)
-has to have a manager(s) that handles disputes in a reasonable fashion
-has to have people in the office over the weekend
-has to have full pre market and after market capabilities utilizing at least 2 or 3 vendors

At least to my mind those are the minimums. I want to find the best spot to trade these stocks and I don't want to have to babysit each trade just because it is an OTC BB security.

So if your broker fits the bill for you please let me know here. I am looking for the best overall broker to execute OTC BB trades in a timely manner.

thx gary grobbel

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
45	Took a couple hours but I got my executions	WallStBum	-	3/28/2000
44	E*Trade slow to execute BB trades this morning...1 sell at the bid and 2 buys a	WallStBum	-	3/28/2000
43	richard...no, ndb can't...I don't think anyone else can ref short...gpg	GARY P GROBBEL	-	3/15/2000
42	Anybody try rjt.com Good price, but that can cost big$ Thanks Rich	daylate	-	3/14/2000
41	Another reason to avoid Waterhouse... Overheard:Waterhouse Gripes Reach Cresce	Gerald Merna	-	3/14/2000
40	TV INTERVIEW If you, or anyone you know, has had trouble executing an OTC:BB t	Jill Munden	-	3/14/2000
39	Message 10812642 I believe NDB uses Pershing to clear trades, but others can co	WallStBum	-	3/10/2000
38	I was wondering if NDB allowed shorting OTC:BB stocks? Also, do they allow stop	ScamSeeker	-	3/10/2000
37	Good article here explaining exactly what OTC:BB is, along with the usual trash	WallStBum	-	3/10/2000
36	In that case, I think I may fund my account at NDB which I opened awhile back a	WallStBum	-	3/10/2000
35	WallStBum Thanks for the info...Think I will stick with NDB and see what hap	SSSK	-	3/9/2000
34	Dax..I don't know...I always use cash. And NDB has been functioning perfect	GARY P GROBBEL	-	3/9/2000
33	kevin...in talking to people over the past couple of weeks and from what we see	GARY P GROBBEL	-	3/9/2000
32	Only NYSE and AMEX are listed. Nasdaq stocks, including the likes of DELL, etc	WallStBum	-	3/9/2000
31	Charles, Thanks for the response. I finally did hear back from them and was to	SSSK	-	3/9/2000
30	Considering opening an account w/ RJT.com, MyTrack or Web St. Securities. If a	john7	-	3/9/2000
29	Gary, Starting this thread was a Great Idea, I've been asking myself the sa	Kevin Clarke	-	3/9/2000
28	Charles, I believe that most, if not all, online brokers are having these probl	Gerald Merna	-	3/9/2000
27	I recently sold some positions at ndb and the web site had problems like altern	buzzcut	-	3/8/2000
26	I think only nyse and amex are considered "listed" so you shouldn'	buzzcut	-	3/8/2000
25	Gary or others- is NDB cash-up-front as most are, or do they give you 3-day set	WallStBum	-	3/8/2000
24	max...they have anumber of things on the drawing board. hope they move up the t	GARY P GROBBEL	-	3/7/2000
23	For the record...NDB did correct the situation that had me in a short situation	Max Fletcher	-	3/7/2000
22	Dax...you are doing better than most...gpg	GARY P GROBBEL	-	3/7/2000
21	Having said all positive things about E*Trade lately, I AM experiencing bits of	WallStBum	-	3/7/2000

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