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Re: Gusjarvis post# 353556

Wednesday, 02/20/2019 10:56:18 AM

Wednesday, February 20, 2019 10:56:18 AM

Post# of 358427
Do you think a bank has your money sitting on a shelf in a vault (as if you have any money), or do you think that bank uses your money for investment purpose?
I had spoken with a brokerage many years ago to see if they held 100% of CMKX shares they show in accounts and the answer was, "we feel very comfortable with the amount of shares we hold". So the answer is, no...brokerages do not hold all shares in their name. Of course, they don't expect anyone to be dumb enough to try to claim a cert pull is proof of anything.
So yes. It is entirely possible a brokerage would have to take some time to fill requests for a halted stock to send out.
However, this proves nothing at all. Just as a run on a certain branch of a bank is not proof that bank is broke.

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