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Re: biosectinvestor post# 212495

Sunday, 02/03/2019 11:22:39 PM

Sunday, February 03, 2019 11:22:39 PM

Post# of 700496
Biosectinvestor, I realize I may be partly guilty of starting this debate about margin versus cash account. It's not that I was not aware that my shares were being loaned out. About 2 years ago, I got a letter from Fidelity asking if I could make my shares available for lending and they would be pay me 18% (annualized) for the loans. I think I might have posted about it back then. It was strange because my account was already a margin account. So I presumed they were inquiring about my Roth IRA. I didn't bother to respond because, to me, some sort of inflection point was imminent. In hindsight, if I had converted to a cash account then, I could have potentially earned quite a bit to offset my unrealized losses in NWBO. I feel it's not too late to do it now if we are looking at a 6-month horizon for topline. Fidelity will probably come to me again asking if they can loan my shares. I have an email in to them to clarify that they will in fact call-back my loaned shares tomorrow. I want this in writing.

Regardless, I think it is important of all investors to think about this because they are giving up a significant revenue stream while holding NWBO shares. If there is big demand of borrowing NWBO shares, why not make your broker share the lending income with you ?




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