I can see the logic behind the MG certs, and I can see the logic behind getting MDHM certs out of street name, but personally I see that route as silly if you want to be able to trade them quickly, but...each to his own.
A much better way, which still leaves your stock liquid, and accomplishes the same thing, is to put in lofty sell orders that are GTC (good til cancelled).
So put in sell orders at a buck, or $10, or $100 if you want, then just leave the orders in. Hey, if it surprisingly pops to a buck, you're gone, or you change the order, and raise the price.
Sell orders, take the shares off the table, they can't be borrowed.
Won't do anything for all us short naked Canadians we hear about, but hey, it's getting too cold here now to run around naked anyway. |
