I told my broker I would write a letter stating my shares are not to be loaned, and in return I want a guarantee in writing from them they would not be. He said I might not get what I want but the account agreement states "May not be loaned", I then asked, or may it ? Does may not be loaned mean they will not be loaned, well, then i got transfered to person number 4 on the phone. No one will commit in writing that my shares WILL NOT BE LOANED. Do you really think that something sounds fishy here ?
As i stated, people have to make the choice for themselves. I have made mine based on the phone conversation to the broker asking the hard questions. Not one could answer me when I asked if short selling pink stocks was illegal. Do you not feel they should be in the know on this ?
Dudette
Anything I say is only my opinion.
Always do your own DD before investing.
