SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Bid.com International (BIDS)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: F. Evans who wrote (35324)9/16/1999 8:43:00 PM
From: Master (Hijacked)  Read Replies (1) of 37507
 
Frank, let's say you own 5000 shares of BIDS.

Now, let's suppose you call your broker tomorrow and tell them you want immediate possession of your 5000 shares certificates....

Now after a lengthy discussion in which your broke attempts to discourage you from making such a request, he must then concede to your demand for the certificates (since it is your legal right to possess those certificates)....

Soon after you hang up the phone your broker will frantically scramble to replace those missing share certificates which he loaned to a buddy (low-life) of his who was shorting the stock.

Now let's suppose a few hundred investors simultaneously call their brokers' tomorrow, now what do you suppose will happen????

a) Share price increases
b) Many shorters losing their pants (who the heck would want them in the first place?)
c) No more short positions in BIDS (Good-bye Yorkton..Canaccord)
d) GoNorth is accidently pushed out of his 30 story office window by his work colleagues
e) All of the above

.

your Master
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext