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Re: SevenTenEleven post# 220287

Thursday, 04/13/2017 6:58:24 PM

Thursday, April 13, 2017 6:58:24 PM

Post# of 221875
Two days ago you were sure that worthless shares that haven't traded for over 6 years could not be taken away by the DTC; even though the rule is 14 years old. You also thought that you were entitled to share certificates.

It took me 15 minutes to find the link. Were have you been looking all these years??

Sure your not wrong about anything else?

You don't understand how the new shares come to the market. They are shorted in sometimes and need to be labeled that way. The broker has the certificate so it not naked, but it not necessarily a long trade until the certificate is deposited.
Any real stock the certificate would have just went straight to the DTC, these stocks you trade are not.

It's similar to 'SHORTING THE BOX'. OR shorting naked when you have options to cover. But it's different.

Your information comes from stock boards and your head. Two apparently poor sources.
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