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Re: gerlac68 post# 14343

Sunday, 09/30/2007 12:45:33 AM

Sunday, September 30, 2007 12:45:33 AM

Post# of 29782
For those who would prefer not to have to get certs, remember, there are two ways to avoid having your shares lent.

1. - you can write a letter.
1. - you can place your shares in the cash side of your account. When you place an order to buy you will have some sort of choice mechanism - mine looks like this with a radial button (o) next to cash and margin and I need to pick before sending the trade. Brokers will not loan shares from a cash account or a retirement account

Trade Type Cash Margin

I have quite a few shares of a biotech firm that I hold in the cash side of my account because I do not want them lent. I have actually had a broker call and ask if I would agree to lending them and further - they would PAY me to allow it. Needless to say, I politely refused.

Back in ancient days, the Druids thought black cats were human beings.

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