Stock won't allow opening positions? NXST

Discussion in 'Stocks' started by Aisone, Jun 5, 2008.

  1. Aisone


    I tried to place an order for NXST, a small nasdaq stock but got a message from IB "this contract can only be closed".

    So I chatted with IB cs and they said they said only existing positions can be closed out and it's "in close for security reasons", and that's all they're "able to disclose."

    What could be going on here?