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Re: longmike2 post# 67060

Monday, 06/03/2013 10:34:11 AM

Monday, June 03, 2013 10:34:11 AM

Post# of 226099
The problem I see with pulling ones shares away from the broker in the form of a paper certificate is there are fees. These fees are generally high I believe. This makes penny stocks less attractive. Plus a lot of brokers will not accept the paper back into them. It has to be electronic. And if while one is holding the paper a DTC chill occurs it is impossible to deposit even electronically.