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Re: luvgrowth post# 80773

Thursday, 08/15/2013 3:32:48 AM

Thursday, August 15, 2013 3:32:48 AM

Post# of 130513
Nice to get this understanding of the DTC chill.

I deal only through ETrade and finds them highly reputable...no shares, no selling. No cash, no buying either. And they do not accept pennystocks transferred in from anyone else.

That is wonderful. So it is not possible for ETrade to have naked shorts on pennystocks.

One other reputable practice what rejection of my fund transfers from a Joint account when my ETrade was in my name only. I sorted that out by making my ETrade account a joint account (with my spouse). I really respect ETrade for their integrity.

It is a scandal when market markers in connivance with broking houses particpate in naked shorts.

And I respect Gerald for fighting this battle to punish them.