Stuck and Screwed!

[lowman]

The 'trade for trade' is where the exorbinent fees come in. Those who use brokers that go thru the DTCC must physically locate the shares and 'certify' them, which is why it's so expensive.

Trade for trade basically means you get your shares in physical certificate form, though your broker will usually hold them.


You're largely right about the stalemate scenario. RFMK longs are so drunk on the kool-aid being served on that board, they haven't the sense to realize when they're stuck in the mud, and mud is exactly where that stock is.

It's nothing short of hilarious to me how they seem to think their CEO is a god, yet with all his DTCC consulting skills, he can't even avoid the chill.

I dunno if stupity gets any worse than that.