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JohnCM

04/07/20 12:05 AM

#195669 RE: Coz Mabluda #195668

Sorry about that. Without the ability to transfer from one brokerage to another.

Now if you had posession of the actual stock certificate ...

Choose a reputable broker. Commissions are zero, so why choose a second tier?
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Newly2b

04/07/20 10:42 AM

#195674 RE: Coz Mabluda #195668

Of course, provided you have accounts at both brokerages. However, you will end up long in the original account and short in the second account. This in effects gives you a neutral position in the stock. Eventually you will need to cover the short in the second account and sell the shares in the original account perhaps at different times depending on which way the stock price is moving.

Newly