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.
Biotech / Medical : Duramed (DRMD) Synthetic Estrogen Product

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: taxikid who wrote (525)1/1/1998 12:41:00 PM
From: Mama Bear  Read Replies (2) of 1837
 
>>> if he brings the shares home, and the market begins to become
bearish.. he is stuck with the loss.<<<

Waterhouse doesn't require me to have the stock in my account to sell, I just have to deliver the certs within 3 days. I don't do this because it's inconvenient, and makes no difference anyway. I don't think it's rational to think that a stock with 17 million shares can be materially affected by calling in a few thousand shares. The CEO of OCCF has been leading a "CALL IN YOUR CERTS" campaign since the stock was in the high teens. It's now in the 8s.

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