Replies to post #1001 on Renewable Corporation (RNWB)

[man of cash]

Pulling certs is when a shareholder has someone like Ameritrade take the shares of a stock out of their account and prints a stock certificate disclosing the number of shares owned buy the individual and the company the are affiliated with, which then is held by the shareholder until they wish to return the cert back to the broker to have the shares put back into the account for trading. This is how stocks were traded prior to electronic trading became the norm. These certs are proof of ownership. Because of naked shorting, some believe that you must posses the paper to prove you have real shares versus those that are just ledgered into your account and supposedly held at the DTCC. This is a long and difficult subject, but this is a snap shot of what a cert is.