InvestorsHub Logo
Followers 3
Posts 426
Boards Moderated 0
Alias Born 01/14/2010

Re: theden84 post# 23769

Sunday, 03/28/2010 12:36:51 AM

Sunday, March 28, 2010 12:36:51 AM

Post# of 34411
Well after you do all these steps and finally request your physical stock certificate you can still redeposit it back into your Etrade account, that's the easy part. Just take the stock certificate and deposit it back into your account, it usually takes several business days for so that you can start trading again. That's because when you redeposit your certificate Etrade then sends back your certificate to the stock transfer agent and your shares revert back to street name so you can trade electronically.

These are tedious and time consuming steps but if you are serious in having your shares in certificate form then that's what is required.

I beleive brokerage agents today in 2010 make this very difficult because they know there is a lot of money in short-trading going on. Naked Short-selling is illegal but it is a practice that has made brokerages billions of dollars in our era. Good luck to you and make the decision that is right for you.