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NavyGirl

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NavyGirl

Re: ~BC~ post# 6860

Saturday, 10/02/2010 6:06:35 PM

Saturday, October 02, 2010 6:06:35 PM

Post# of 79320
BC- got this from my uncle who was a broker before he retired. You are correct that it is a myth. The only way they cannot use your shares held by the brokerage would be if you were to have the certificates for the stock. Otherwise the brokerage is actually free to use shares they hold, regardless of sell orders.
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