InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,487.03
(
0.25%
)
US TECH 100
19,430.40
(
0.14%
)
Dow Jones
38,834.86
(
0.15%
)
Brent Oil
84.82
(
0.04%
)
Bitcoin
65,370.91
(
0.36%
)
Post# of 461747
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

XenaLives

Send PM Follow Ignore
Followers 484
Posts 60815
Boards Moderated 18
Alias Born 09/20/2001

XenaLives

Member Level

Re: imho post# 33774

Monday, 11/09/2015 11:06:15 PM

Monday, November 09, 2015 11:06:15 PM

Post# of 461747
Brokers give lip service to the cash account rule - but in reality there is nothing to stop them. I had a nice block of shares DWAC'd into IB non-margin account after discussing the stock and its situation with account executives then they say I can't sell it for a year, and in about 10 months it's oops, now it's two years. The person in charge of transfers at Continental (very reputable firm) had to intervene to get my shares back. He totally agreed with me that they took them in just to loan them out.

I repeat - there is nothing in place to stop your broker from loaning out shares in a cash account.



In Peace, In War

Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
Recent AVXL News
More AVXL News
InvestorsHub NewsWire

North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM

VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM

Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM

Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM

ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM

Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • CAFI • Jun 13, 2024 8:45 AM

Start posting your company's news
Only $200 per official company press release!