InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,468.88
(
-0.01%
)
US TECH 100
19,226.80
(
0.27%
)
Dow Jones
39,164.72
(
0.13%
)
Brent Oil
84.43
(
0.29%
)
Bitcoin
61,462.81
(
-0.56%
)
Post# of 358439
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

janice shell

Send PM Follow Ignore
Followers 2568
Posts 302703
Boards Moderated 29
Alias Born 04/12/2001

janice shell

Member Level

Re: gump90 post# 209515

Saturday, 06/03/2006 12:00:48 AM

Saturday, June 03, 2006 12:00:48 AM

Post# of 358439
When the Depository gave them all the boot some called for large certs in their own name to replace those in the Cede name.

Right. How else could it have been done? Next step is that the brokerage has to request certs in the names of individual shareholders from the TA. I think you can see why that might be complicated.

And why the brokerages are so pissed off. I suspect most of them will in future refuse to deal in penny stock certs in any way.

Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up