Friday, April 19, 2024 3:53:23 PM
Just because I prefer to stay liquid, and I think people are being OVERLY paranoid and delusional (see above) and prefer to tie up their shares because they dont believe Fidelity,etc will honor the shares on NW that were purchased in a cash account, doesn't make me a wolf. If NW spikes Monday, I prefer to have the option to sell, in a instant if I feel so inclined to do so. Its my money, and I dont like roadblocks. I dont need to tie up my shares with all these added steps. I trust Fidelity and all my shares are in a cash account, I never use margin. I talked to a supervisor on the trading desk many times when I had over $14M in Nvidia shares about my shares being lent out. He said they don't do business like that with cash accounts. I trusted Fidelity 100%. I sold everyone of those shares, at different points in time, with zero issues. Even during times when Citron, etc were shorting NVDA heavily.
For the record I probably own more shares of NW than 80% of the posters on here. But believe what you will. Its a free Country.
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