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WhiteSahara

03/27/12 4:30 PM

#83882 RE: Wolverine1997 #83877

Talked with an Ameritrade Supervisor regarding PCFG shares early last year. I was considering changing to a Margin account from a Cash account.

"How do I keep my shares from being borrowed and shorted"? His reply, a cash account. He gave me a verbal, "if you don't borrow on margin, we won't borrow your shares to short". So I went margin.

I asked him, "how do I know shares in my account are legit and not naked short shares"? He wrote me a letter stating they guaranteed all shares in my account are legit.