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Alias Born 05/06/2013

Re: Nolerman post# 620

Monday, 06/17/2013 9:24:55 PM

Monday, June 17, 2013 9:24:55 PM

Post# of 8449
That is why I like this little guy. On a side note a close friend of mine who trades through Schwab said they offered him 12.5% interest to "borrow" the shares in his account of DSS. (Pretty good size) I have to admit when I heard this from others here I thought it was a bit hokey. Alas, I found this in an online article:

"Charles Schwab SCHW +3.09% , the largest discount broker, runs a service in which it offers to pay customers interest on any loans of hard-to-borrow stocks from their brokerage accounts. The rate varies, depending on how much demand there is to borrow the stock."

It looks like they are one of the very few that offer this.
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