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Re: bobbybdb post# 136735

Sunday, 07/11/2010 2:57:04 PM

Sunday, July 11, 2010 2:57:04 PM

Post# of 221872
"So would I be wrong in assuming, that when we purchase shares with our cash, that our shares are being hypothecated immediately when the broker puts them in his street name, and puts electronic generated markers in our accounts?(IOU'S)"

Shares may or may not be hypothecated depending upon the brokerage firm's needs. They can sit forever and not be lent, or if needed, can be lent immediately.

Enjoy the rest of the weekend.

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