TEIM- A QUICK DOUBLE? Message Board

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Microcap & Penny Stocks : TEIM- A QUICK DOUBLE?

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To: JGreg who wrote (195)	9/17/1996 10:15:00 PM
From: John F. Poteraske	of 1539

Greg-You are allow T+3. That means you have 3 days to settle trade. On the buy side that means you have your brokerage firm needs to receive funds. If you are on the sell side-you simply sign the stock certificate and send it certified/insured to your broker within 3 days. It takes more work on your part. When you set up your account you could simply state that on buy's you want certificates delivered. Also some firms have a fee for handling. I don't think schwab does-since they are higher priced fees for trading. Noticed Lombard Brokerage has some type of 14.95 per trade on the internet offer-has anyone looked into that?? Would like to know how many shares that SI holders have to see if we have a decent amount of shares???? JP

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