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nyquist

05/10/07 9:24 AM

#64288 RE: LH1 #64285

They would have to send them back in, and loose out on the run.

A risk worth taking for some, it seems.
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inmylife

05/10/07 9:30 AM

#64293 RE: LH1 #64285

You can sell them when ever you want, then you have three days to deliver them to your broker.
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4Godnwv

05/10/07 9:31 AM

#64294 RE: LH1 #64285

>My question is this: Why ask people to pull their stock certificates and send them?<

Actually, they have yet to provide data on where and how to send the certs. At this point the only effect that pulling certs has is reducing the tradable float.

While individuals may not be aware of just how many certs have been pulled, as they have no access to those figures, you can bet your bippy that the market makers do.

At this point it's all pie in the sky. Watch what happens when the 1st trade is made on the PDR exchange.
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My2Cents

05/10/07 9:34 AM

#64295 RE: LH1 #64285

Getting the PDR exchange up and running is probably a very complicated thing to do.

Unfortunately MT gave a 30 day timeline for it. Again this adds to the problem of setting a date and not coming through.
But like I mentioned, (IMO) it is probably hard to get running and debug. Then add all the testing …ect
In this case IMO he deserves a pass.

As for pulling certs, nobody is required to do so at this time. Some have, but I think that many have not until there is actually a place to send them to.

Good luck