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breezy1

07/13/14 12:32 PM

#104445 RE: Profit #104444

If you can take action to stop them from borrowing your shares, when we want it to up-list the best thing we can do is tell the brokerage firm not to allow the shares to be loaned out.

Why a penny stock is in a margin account I'll never understand in the first place, if only to use your money an shares without asking, once you sign the agreements on the Margin account
they can use your stocks at will.

I don't think having a penny stock in a margin account makes any sense to me other than helping the brokerage firm make more money without your knowledge.

I would at least want a fee paid to me if they borrow my shares.

So I"m only giving previous experience and knowledge if the rules changed over the years the concept is the same.

Who shorts penny stocks anyway? Some very slippery folks.
Berlin for example, who needs a short play on a rising start in the first place.
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Profit

07/13/14 12:37 PM

#104446 RE: Profit #104444

On the other hand I believe you can request your shares as a share holder of record, The brokerage cant trade them and neither can you easily.