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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Joe Copia who wrote (22922)7/28/2000 12:36:44 PM
From: paper man  Read Replies (1) of 25711
 
Joe - let me share some facts with you all even though I do not own any FDKP.

When you request delivery of your certs, until they "are in transfer" and "leave your brokers screen" you can always sell them, and hence the delivery/transfer is cancelled!!

FACT!

Now, if they leave that screen and "are in transfer" they will on your doorstep within 4-5 days! FACT!

With that said, you can MAKE the sell anytime you want!!

How oftern is the mail man continually lossing your mail?
Never!

I have been told by Qucik and reilly that if delivery a cert for a sell you just made with stock that just left their screen - they will be flexible by more than a 3 day settlement period recognizing delivery.

POINT - anytime you make a sell with stock that is not in your account, you have to inforom them you will de deliverying stock!!

I ahve done it many times with bbs. !!
I can assure you!
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