Wow, that is a scary possibility. I do not understand all the nuts and bolts of such a thing. How does a person find out if they have been robbed? Almost like a un-claimed money kind of thing?
On a phone call today I learned there are USA investors stuck with millions of shares on cert paper that their existing brokerage houses refuse to accept, despite the fact that these companies ALREADY hold a ton of their zone and other stock! No such thing as being "grand fathered" These are mostly people that bought PPL last year at about 8 cents. I know that such things are beyond the control of management, but it still sinks to high heaven. Greed is a duel edged sword I suppose. Maybe I would be a lot less edgy if my phone call had been returned.
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.