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Re: Durkkdiggler post# 39056

Wednesday, 12/10/2008 12:31:21 PM

Wednesday, December 10, 2008 12:31:21 PM

Post# of 118239
thanks durk,
shares get lent out from margin accounts daily, and even though brokers won't admit it, they get lent out from cash accounts too. This causes those shares to be duplicated several times, and it dilutes our pps.
Getting certs is a way of straightening things out, but most investors don't want to deal with it. Another thing that does help is to tie up the shares in a GTC sell order far above the days trading range, each broker has different limits as the how high you can put it up. As long as the shares are in margin accounts though, they can be lent out as per the agreement you sign when you open the margin account, best to move RCCH shares to a cash account, imo.
If Newton takes my free advice from awhile back, he'll issue a cash divi as soon as they uplist, that will really screw the shorts, especially the ones that borrowed against the original position, lol.
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