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Re: jist1 post# 384113

Wednesday, 04/16/2014 2:58:38 PM

Wednesday, April 16, 2014 2:58:38 PM

Post# of 432566
The other problem that you have not considered is the fact that the brokerage houses you use to purchase stock reserve the right to loan shares in your account unless you ask them to hold the certificates in your name. If you request the latter, a large fee will be assessed to you every time you want to trade the stock.

The brokerage then charges a fee to the borrower for the loaned shares and you get the shaft because your own shares are working against you. This whole financial system is rigged against the small investors.

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