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Re: MTHS 77 post# 5915

Sunday, 02/20/2005 4:06:12 PM

Sunday, February 20, 2005 4:06:12 PM

Post# of 157300
MTHS77,

One more thought on the subject.

Schwab is basiclly saying, we are only interested if you plan on holding your stock for a while, if you plan on selling in the "short term"(whatever that is) we wouldn't be interested.

How common is it for a Market maker to want to pay interest(7%)to someone so they can BORROW your shares, especially on a PENNY stock? In essence they want you to HOLD a 29 cent stock, why would they go through all the expense and paperwork to do this? Are shares that tight? GTEL is pushing the 1B OS mark and Schwab wants to pay you so they can borrow shares?...I think your take may be right on the money MTHS77...rock

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