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Re: pink floyd post# 25628

Friday, 11/16/2007 6:14:47 AM

Friday, November 16, 2007 6:14:47 AM

Post# of 51429
The point is, it should not be a problem for any broker and its up to Keith the fix the problem. The DTC problem requires brokers to hold the Certificates, the physical ones. Several on-line brokers will not do this, others might not care cause they trade in phantom shares anyway. The majority of my shares are with a Euro broker who is holding the paper.. If a broker is not holding the paper for Hemi, they are more than likely holding air shares for you.
I'd suggest everyone call their broker and ask if they are holding the paper for your hemi shares, again if not, you presently got air shares, imo.
IB does not trade in air shares and is not set up to hold the paper, hence not trading it.
This issue might go to the core of naked shares. The problem is not with Hemi as a real company or anything, but its still an issue that does not have to be there.

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