Followers | 412 |
Posts | 19169 |
Boards Moderated | 2 |
Alias Born | 05/05/2011 |
Friday, September 02, 2011 9:14:06 PM
Well, it reared its ugly head this week. One more time, HFBG had better become DTC eligible and take care of it now. Brokers are about to clamp down on sub-penny stocks. CUSIP number alone is not gonna get it any more. This is not the only penny stock facing the ax but I have several penny stocks that are DTC eligible. They are gonna just have to pay the fees and be legit in their operations.
All it amounts to: DTC eligible means the shares are available electronically instead of paper. Is it right, no. The government induced DTC is just another money making middle man scam that has got "legal" slapped across it by our government. But everyone is gonna have to go to that electronic system, PERIOD!
Do your own DD, consider all my posts my opinion
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