Assume the Position
Striker, in case you misunderstood, I still hold imp. I only parted with all but a few hundred shares I bought at 3/4. However, I am in line to augment not only my trading position, but my investment position as well. What? you say. I let my broker hold my trading position, that way at the click of a button... instant sale. My investment position is in the form of stock certificates.(Never mind the bullshit most brokers give about safekeeping and the like.) I take the shares out of the market, they are safer kept in my hands than in trader's. Why? you ask. You think about it. There are valid reasons serious investors do this, most brokers disagree because they hate to see that $$$ leave the house. In fact, I canned a broker not long ago who was dead-set on arguing the point. Fool, my $$$ left that house and I got my certificates anyway. The broker who holds my trading position now, knows this, and if I tell him to deliver the shares I usually get delivery in about three weeks.
lml... nice job on the ticker symbol LBLU, I like it. I only wanted to have a nickname for this little devil though, I didn't advocate an overthrow. Maybe when you contact imp management, to float your idea, you can also ask when their numbers will be released. Let us know, thanks! |
