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janice shell

04/23/11 8:42 PM

#101047 RE: UnderR8D #101046

lol, if a lot of people want to do it, it can be an ENORMOUS pain. It's actually a fairly complicated process. And I'm sure many people at many brokerages have been having recurrent nightmares ever since the big CMKX cert pull.

And in any case, it's not necessary. The exchange, if it happens, will be done electronically.
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GreasenUSA

04/23/11 8:48 PM

#101048 RE: UnderR8D #101046

it is absurd for anyone to think of it as a "pain"

that is why brokerages set a price for ordering certificates, and offer that service for their clients
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Fire Lane

04/23/11 9:34 PM

#101050 RE: UnderR8D #101046

check their vault? LMAO you dont understand how this works do you? its in a series of certs in the name of cede & company. the certs are never at the brokerage. Dude come on. tell me you knew that. maybe that information is taught in the UBER MONKEYnar
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EarnestDD

04/23/11 10:07 PM

#101052 RE: UnderR8D #101046

UMMM ... certainly you knew that broker dealers do not hold Certificates of EIGH but lodge them with Cede and then the broker merely has a book entry for the physical shares.
jmo
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NMC

04/24/11 5:03 PM

#101100 RE: UnderR8D #101046

Exactly...when I spoke with my broker they said the physical certs would be in their vault as the shares were not DTC eligible