Replies to post #7765 on RxPC Inc (fka RXPC)

[VincentWolf]

I don't see the difference in certifying my shares or just holding onto them like I have been doing since 2005. What is the benefit to the shareholder? I'm not selling! You can send Jack Bauer to the house to torture me into selling my shares, but I still won't sell. Holding long and strong!

[seanmarino79]

I called Scottrade as well and it is the same procedure, but 50 bucks to get the certification. They said that they don't allow shorting on any stock under 5.00 a share. (But then again it is scottrade and they are very shady in my opinion) They said that if you get your certificate then you aren't allowed to sell the shares unless you bring the certificate in to them and then they will place the shares back in your account and then you can sell them at will.

The way I see it is a mutual trust relationship between the company and the investor. I am going to certify most of my shares.

[creede]

DD,

excellent post there. I moved that to the NCFC for learning, and future reference. Thanks for taking the time to post that info.

[Doubledownga]

I forgot the most important thing .... shares kept in the IRA type accounts cannot be used by brokers to short with, in effect the same as certing.

DD