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Re: Deanis1 post# 57194

Wednesday, 05/23/2007 11:19:48 AM

Wednesday, May 23, 2007 11:19:48 AM

Post# of 76873
Been reading some old posts here. My thoughts: if they mail out the certs to the shareholders, what good is that? You have to cash it in, and that means go to a brokerage house. Not the bank.

Now at the brokerage, they will charge you another fee for stock transfer, or whatever transaction fee they can scalp you with. Most stock company accounts either add in the dividends to your existing stock balance, or they send you CHECK for the cash value. Like DRIPS.

This smells like more phoney baloney to me. Am I missing/or not understanding something here?
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