I shared your concern and ordered certs for the 350,000 I have in two trading accounts. Scottrade told me they couldn't get certs for the shares I hold in a SEP retirement account. I would have to do a total distribution out of the account, get the certs and then transfer the shares (now with certs) back into the SEP. Way too much trouble and probably risking the tax shelter implications of the account.
I also agree that the answers I've received from two different brokers about short shares seemed vague. I think they all have to attend a seminar on how to talk to clients who have these short concerns because their gobble-d-gook responses were about the same.
I will trade the SEP shares first when I reach my initial exit point and just pray the stinking, low life short sellers still have some of the money to make good from the millions they made shorting this thing from .30. When you look at the philosophy of short selling, it's really so antithetical to everything most Americans really believe. In essence, what they say is this, "We bet your company isn't going to "make it," and we are going to borrow your shares to help us do everything in our power to make sure we are correct. If we can't borrow enough shares, we'll just invent them, with the nod of the brokerage community, and keep whacking the sell until we win our bet. We really don't care who or how many people get hurt in this endeaver and we certainly don't care about your company."
News 
Market Data 
Discover 
AI
