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Re: bob smith post# 1824

Thursday, 10/18/2012 3:49:20 PM

Thursday, October 18, 2012 3:49:20 PM

Post# of 5875
Hmmm....it would appear that you are correct....great move by IMUC! Essentially, when you have certs, the actual pieces of paper, nobody can "borrow" them to short against since you have actually physical ownership of the shares - the downside for retailers is that if you lose the certs you lose your shares and whatever you paid for them, plus the obvious illiquidity.