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Re: ANTHONY550 post# 52379

Thursday, 08/09/2012 7:00:53 PM

Thursday, August 09, 2012 7:00:53 PM

Post# of 67010
That is a relatively expensive process. Some places charge $50 or more for the certificate.
$50 is 500,000 shares right now @ .0001.
Also, when you want to sell, you need to present the certificate for the sale to be executed.
If your account is a cash only (no margin) account, then your stock can't be shorted.
If you set a sell price on your stock, then it can't be used by short sellers. But be aware that if the price moves quickly, you stock sale will execute and you will not be part of any further rise in price above what you set. (and some brokers will limit the percentage above the ask that you can set the sell price at. Scottrade is one. I can't set my price high enough right now, but I'm in a cash account.)

The brokers and MM's stack the deck against us small investors.

We would probably be better off investing the cost of the certificates in CGFIA on your next purchase.

$CGFIA

Don't take my word for it, Do your own research! Then you will know it's true!

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