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CaptainObvious

09/28/23 12:00 PM

#635896 RE: Smokey21 #635894

All my shares are in a Rollover IRA, or a Roth IRA. From what I understand, loaning shares out are not allowed from those, iirc.
Bullish
Bullish
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attilathehunt

09/28/23 12:35 PM

#635914 RE: Smokey21 #635894

Just curious on the shares...are they requesting on holders less than 500k yet?

The lower the shares the more desperate they become.

I also said no and I wanted assurances they wouldn't borrow them without my knowledge.

What I was told by a Fidelity rep: If you hold your shares in a margin account AND you HAVE a margin balance, then they can borrow your shares without your permission. However, if shares are in a margin account AND you DO NOT have a margin balance, they can't borrow.

FWIW

In the next several days it will be perfect to play a tune from the Chambers Brothers TIME HAS COME TODAY.

In fact, it should become our theme song!!!

It's a long song so a PR could be issued while listening!! LOL

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Smokey21

09/28/23 1:27 PM

#635930 RE: Smokey21 #635894

Now I got a call from a Fidelity rep this afternoon trying to sell me on loaning shares out. They are desperate.