Re: STKS: Stop Loss Orders not allowed??

[TheGonch at MediaKat <Daniel.Goncharoff@xxxxxxxxxxxxxxxxxxxx>]

I believe there are three types of OTC stocks, but that has nothing to
do with stop orders.

'OTC' Stocks are either:

1) part of the Nasdaq Stock Market (eg, MSFT, INTC);
2) part of the OTC Bulletin Board (SJKI);
3) on the Pink Sheets

I do not believe there is any official rule about stop orders on Nasdaq
stocks; it is up to the broker's discretion. They can decide to take the
order for MSFT, but refuse to take it on EFII, even though both are NSM
stocks.

For lots of information (although a little confusing in presentation)
try
http://www.nasdaq-amex.com/help/helpfaq.stm

Regards
DanG