# Temporary BUY Restrictions on Illiquid OTC Penny Stocks

**URL:** <https://community.trading212.com/t/temporary-buy-restrictions-on-illiquid-otc-penny-stocks/46450>\
**Category:** 📊 Investing\
**Created:** [February 22, 2021, 5:58pm UTC](https://community.trading212.com/t/temporary-buy-restrictions-on-illiquid-otc-penny-stocks/46450 "2021-02-22T17:58:07Z")\
**Posts on this page:** 20\
**Page:** 7

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**Author:** ![phildawson](https://avatars.discourse-cdn.com/v4/letter/p/bbe5ce/32.png) [@phildawson](https://community.trading212.com/u/phildawson)\
**Post date:** [March 7, 2021, 2:13pm UTC](https://community.trading212.com/t/temporary-buy-restrictions-on-illiquid-otc-penny-stocks/46450/124 "2021-03-07T14:13:59Z")

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> [@Bunghi](#):
>
> What would you have said back then?

I was warning people in the forums, and laughing at the CFO professional photo was taken inside her car.

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**Author:** ![blackwbc](https://avatars.discourse-cdn.com/v4/letter/b/d2c977/32.png) [@blackwbc](https://community.trading212.com/u/blackwbc)\
**Post date:** [March 7, 2021, 2:14pm UTC](https://community.trading212.com/t/temporary-buy-restrictions-on-illiquid-otc-penny-stocks/46450/125 "2021-03-07T14:14:31Z")

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> [@phildawson](#):
>
> T212 have zero financial gain from adding the stock and removing the buy button.

how do you know that by the way?

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**Author:** ![Bunghi](https://avatars.discourse-cdn.com/v4/letter/b/45deac/32.png) [@Bunghi](https://community.trading212.com/u/Bunghi)\
**Post date:** [March 7, 2021, 2:14pm UTC](https://community.trading212.com/t/temporary-buy-restrictions-on-illiquid-otc-penny-stocks/46450/126 "2021-03-07T14:14:46Z")

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No sir, the answer is no 100%. T212 had huge impact.

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**Author:** ![Bunghi](https://avatars.discourse-cdn.com/v4/letter/b/45deac/32.png) [@Bunghi](https://community.trading212.com/u/Bunghi)\
**Post date:** [March 7, 2021, 2:15pm UTC](https://community.trading212.com/t/temporary-buy-restrictions-on-illiquid-otc-penny-stocks/46450/127 "2021-03-07T14:15:17Z")

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Good question 🤔 this guy stated so many things, hes like an agent t212

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**Author:** ![Bunghi](https://avatars.discourse-cdn.com/v4/letter/b/45deac/32.png) [@Bunghi](https://community.trading212.com/u/Bunghi)\
**Post date:** [March 7, 2021, 2:15pm UTC](https://community.trading212.com/t/temporary-buy-restrictions-on-illiquid-otc-penny-stocks/46450/128 "2021-03-07T14:15:54Z")

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Which photo if you excuse me?

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**Author:** ![krr13](https://avatars.discourse-cdn.com/v4/letter/k/d26b3c/32.png) [@krr13](https://community.trading212.com/u/krr13)\
**Post date:** [March 7, 2021, 2:17pm UTC](https://community.trading212.com/t/temporary-buy-restrictions-on-illiquid-otc-penny-stocks/46450/129 "2021-03-07T14:17:43Z")

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Is that you @phildawson in your role as secret agent?

 ![johnny-english-strikes-again](https://europe1.discourse-cdn.com/flex013/uploads/trading212/original/2X/4/4785d838e509b7b7506a9e37392102f3c750687d.jpeg)

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**Author:** ![phildawson](https://avatars.discourse-cdn.com/v4/letter/p/bbe5ce/32.png) [@phildawson](https://community.trading212.com/u/phildawson)\
**Post date:** [March 7, 2021, 2:20pm UTC](https://community.trading212.com/t/temporary-buy-restrictions-on-illiquid-otc-penny-stocks/46450/130 "2021-03-07T14:20:22Z")

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@Bunghi @blackwbc I am just a customer applying basic logic. There’s literally no reason it would financially benefit them. If you have something I’m all ears.

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**Author:** ![Bunghi](https://avatars.discourse-cdn.com/v4/letter/b/45deac/32.png) [@Bunghi](https://community.trading212.com/u/Bunghi)\
**Post date:** [March 7, 2021, 2:21pm UTC](https://community.trading212.com/t/temporary-buy-restrictions-on-illiquid-otc-penny-stocks/46450/131 "2021-03-07T14:21:38Z")

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Then please remain realistic to the situation and dont imply other ‘possibile scenarios’ thanks

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**Author:** ![Dao](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/dao/32/20739_2.png) [@Dao](https://community.trading212.com/u/Dao)\
**Post date:** [March 7, 2021, 2:21pm UTC](https://community.trading212.com/t/temporary-buy-restrictions-on-illiquid-otc-penny-stocks/46450/132 "2021-03-07T14:21:39Z")

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according to Bunghi, T212 are the only platform that lets you trade penny stocks, period 🤷‍♂️

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**Author:** ![Bunghi](https://avatars.discourse-cdn.com/v4/letter/b/45deac/32.png) [@Bunghi](https://community.trading212.com/u/Bunghi)\
**Post date:** [March 7, 2021, 2:21pm UTC](https://community.trading212.com/t/temporary-buy-restrictions-on-illiquid-otc-penny-stocks/46450/133 "2021-03-07T14:21:54Z")

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Not true, i havent said that 🤦🏼‍♂️🤦🏼‍♂️🤦🏼‍♂️…

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**Author:** ![Bunghi](https://avatars.discourse-cdn.com/v4/letter/b/45deac/32.png) [@Bunghi](https://community.trading212.com/u/Bunghi)\
**Post date:** [March 7, 2021, 2:22pm UTC](https://community.trading212.com/t/temporary-buy-restrictions-on-illiquid-otc-penny-stocks/46450/134 "2021-03-07T14:22:42Z")

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I said T212 is the only broker around the globe that added penny stocks, some by disobeying their own rules and now restricted 99% of them

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**Author:** ![Dao](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/dao/32/20739_2.png) [@Dao](https://community.trading212.com/u/Dao)\
**Post date:** [March 7, 2021, 2:23pm UTC](https://community.trading212.com/t/temporary-buy-restrictions-on-illiquid-otc-penny-stocks/46450/135 "2021-03-07T14:23:34Z")

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you said they slayed the volume and that T212 are the biggest source of volume, you are implying there is no market outside of T212.

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**Author:** ![krr13](https://avatars.discourse-cdn.com/v4/letter/k/d26b3c/32.png) [@krr13](https://community.trading212.com/u/krr13)\
**Post date:** [March 7, 2021, 2:23pm UTC](https://community.trading212.com/t/temporary-buy-restrictions-on-illiquid-otc-penny-stocks/46450/136 "2021-03-07T14:23:54Z")

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> [@Bunghi](#):
>
> I said T212 is the only broker around the globe that added penny stocks

Untrue I’m afraid. You might want to check the number and redial.

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**Author:** ![Bunghi](https://avatars.discourse-cdn.com/v4/letter/b/45deac/32.png) [@Bunghi](https://community.trading212.com/u/Bunghi)\
**Post date:** [March 7, 2021, 2:24pm UTC](https://community.trading212.com/t/temporary-buy-restrictions-on-illiquid-otc-penny-stocks/46450/137 "2021-03-07T14:24:05Z")

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Hahahahah no dude, read that again. Do i have to explain you word by word? Common sense absent?

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**Author:** ![Bunghi](https://avatars.discourse-cdn.com/v4/letter/b/45deac/32.png) [@Bunghi](https://community.trading212.com/u/Bunghi)\
**Post date:** [March 7, 2021, 2:24pm UTC](https://community.trading212.com/t/temporary-buy-restrictions-on-illiquid-otc-penny-stocks/46450/138 "2021-03-07T14:24:54Z")

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Name me one broker that added penny stocks then resitricted them from buying and allowing only selling.

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**Author:** ![Dao](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/dao/32/20739_2.png) [@Dao](https://community.trading212.com/u/Dao)\
**Post date:** [March 7, 2021, 2:26pm UTC](https://community.trading212.com/t/temporary-buy-restrictions-on-illiquid-otc-penny-stocks/46450/139 "2021-03-07T14:26:03Z")

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> [@Bunghi](#):
>
> where do you think the biggest volume came from? The fact that they slayed the volume

your words not mine. try to stop being so emotional

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<div class="post-metadata">

**Author:** ![Bunghi](https://avatars.discourse-cdn.com/v4/letter/b/45deac/32.png) [@Bunghi](https://community.trading212.com/u/Bunghi)\
**Post date:** [March 7, 2021, 2:27pm UTC](https://community.trading212.com/t/temporary-buy-restrictions-on-illiquid-otc-penny-stocks/46450/140 "2021-03-07T14:27:21Z")

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And what you dont understand by that? The word of OTC’s spread so much in Europe and UK and only t212 is the easiest and simplest broker that you can have here and also have penny stocks. Dont you think that increases the volume? Is t212 lying when they said they wanted to prevent possibile ‘manipulation’?

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**Author:** ![phildawson](https://avatars.discourse-cdn.com/v4/letter/p/bbe5ce/32.png) [@phildawson](https://community.trading212.com/u/phildawson)\
**Post date:** [March 7, 2021, 2:27pm UTC](https://community.trading212.com/t/temporary-buy-restrictions-on-illiquid-otc-penny-stocks/46450/141 "2021-03-07T14:27:25Z")

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> [@Bunghi](#):
>
> Which photo if you excuse me?

![download](https://europe1.discourse-cdn.com/flex013/uploads/trading212/original/2X/c/c6b0fdc70985bddf850321735bf97ae6b3f188ae.jpeg)

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**Author:** ![phildawson](https://avatars.discourse-cdn.com/v4/letter/p/bbe5ce/32.png) [@phildawson](https://community.trading212.com/u/phildawson)\
**Post date:** [March 7, 2021, 2:29pm UTC](https://community.trading212.com/t/temporary-buy-restrictions-on-illiquid-otc-penny-stocks/46450/143 "2021-03-07T14:29:03Z")

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It’s used on all business material. Including her social media, it’s only recently changed.

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**Author:** ![krr13](https://avatars.discourse-cdn.com/v4/letter/k/d26b3c/32.png) [@krr13](https://community.trading212.com/u/krr13)\
**Post date:** [March 7, 2021, 2:29pm UTC](https://community.trading212.com/t/temporary-buy-restrictions-on-illiquid-otc-penny-stocks/46450/144 "2021-03-07T14:29:13Z")

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Im not going on the merry go round and spending all day arguing things that have been discussed so many times before.

If you dislike what T212 have done so much you are more than welcome to go elsewhere. That’s the beauty of living in an open and free market globe.

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