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Microcap & Penny Stocks : SHAL

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To: SG who wrote (910)7/10/1999 12:58:00 AM
From: Francois Goelo  Read Replies (1) of 941
 
SG, you can call for the delivery of Certificates in the name of your Broker,

or a nominee, if you want to. You don't want to limit your ability to trade, should you want to sell your shares at any moment. In my case, I made an arrangement with my Broker, so that the Certificates will be requested from DTC by him and delivered to him, so that I can sell the shares trough him at any time should I decide to do so.

The problem is that if your shares are held in a Margin account, they can be borrowed to help shorters short your position. But, I wouldn't even hold the shares in a cash account, because you're never sure what the Broker will do with them. Calling the Certificates is the ultimate weapon, IMO....

Regards, F. Goelo + + +
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