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eelfland

09/29/06 2:18 PM

#103103 RE: bfogerty #103082

I'm close to being out of posts for the day (too much coffee) but I'll take a quick stab at that one. It won't be we shareholders holding the bag if that happens. It will be the problem of the brokerage firms in which we hold our shares. You gave them the money, and they bought the shares in your behalf. The government (SIPC) insures your account up to a certain amount even in the case that your brokerage firm goes bust. But you're protected in any case. So put that concern out of your mind. Better yet, call your broker and ask about it, and if necessary, get it in writing, if it helps ease your concern.
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allmanchase

09/29/06 2:21 PM

#103106 RE: bfogerty #103082

BFogerty, you purchased your shares from a brokerage, not a market maker. It is the responsibility of your broker to deliver your shares. If they chose to do business with MM's that continually "fail to deliver," then it's their problem. In this case, I still firmly believe Petar will find a way to "hurt" the short sellers, but not "kill" them. We will all soon discover what GFYM meant and the real life personification of "short seller captured capital."