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Enron Mail |
Dear Gerald Nemec,
Datek Online now offers Bulletin Board stocks to meet the needs of investors with aggressive investment objectives. Also known as OTCBB stocks, Bulletin Board stocks are over-the-counter equity securities that occupy the far end of the investment risk spectrum and are not traded on Nasdaq or listed on an organized exchange. They are consequently appropriate only for investors who understand the risks involved. Investors should note that: ?????Lack of automation in the OTCBB market can delay order execution ?????and reporting. For this reason, our 60-Second Commitment does ?????not apply to Bulletin Board orders. ?????Partial executions and unfilled orders are common because the ?????price and number of shares available may change when an order for ?????OTCBB securities is presented to a market maker. ?????Wide percentage spreads between bid and ask may trigger a ?????substantial loss--without a movement in stock quote -- if OCTBB ?????securities are liquidated soon after purchase. ?????OTCBB securities trade without customer order representation. ?????This means that prices for these securities are set only by ?????market makers. Investment quality should also be a major concern if you are considering investing in OTCBB securities. Given these securities' minimal listing requirements (relative to Nasdaq-listed stocks), wide spreads and markets short on reliable information, it should come as no surprise to learn that OTCBB stocks have the potential to be manipulated with an intention to create artificial demand. Please note the following important information on Bulletin Board stock trading at Datek Online: ?????Regular $9.99 commission for online trades up to 5,000 shares ?????Extended-Hours trading is not available ?????60-second commitment does not apply ?????Limit orders only Visit our Learning Center for more information on Bulletin Board stocks. To begin trading Bulletin Board, Nasdaq and listed stocks, simply open a Datek Online account now. Click here to complete your application. Sincerely, Datek Online Brokerage Services, LLC Member NASD / SIPC www.datek.com You were emailed because you are a current user of Datek Online's Streamer. If you would like to be removed from our list, please go to: http://datek1.m0.net/m/u/dtk/d.asp?e=Gerald.Nemec%40enron.com High volumes of trading and volatility may result in executions at prices significantly away from the price quoted or displayed at the time of order entry. System response and access time may vary due to market conditions, system performance and other factors. No material contained or discussed should be construed as tax, legal, or investment advice. Please consult an appropriate professional for such advice. #26729
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