I certainly agree that getting paper certificates for nwbo is a dumb idea, a lot of expense and hassle for zero benefit. Percent of float borrowed is tiny. Even if you believe the naked shorting story, they wouldn’t be borrowing at all.
Some brokers are better than others at dealing with paper certificates. When I had paper shares for a UK ordinary, Schwab was baffled, while Fidelity handled it seamlessly.
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