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Microcap & Penny Stocks : ALDM - Anyone know anything about this company?
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To: Jetter who wrote (343)7/16/1998 10:18:00 PM
From: Sapper MSG   of 381
 
Jetter, after what Dave said, let me say this. Any time I buy shares, 1 to 1 Bizillion, I have the option to let my broker hold them in my street name "Sapper" or mail them to me with Tommy G. Simmons as the owner. If I buy three different times during the week, on Friday I can request my certs and get 1 certificate which will show ownership of all the shares I bought that week. If I request to have them mailed, it takes two to three days to get them. If I sell, I have to have the certs to DLJdirect within three working days. Example: I use to buy NANX in the morning at $5.00 a share and sell in the evening at $5.50. No way to receive and mail the certs back within the three day window so I leave them in Street name and DLJ holds them for me. If I know I will hold a stock for a while, like my AES shares, I will ask for the certs. That way I don't give the Bast@rds a chance to use my shares to make them money.
What David says makes good sense. I will probably E-mail DLJ and ask them to convert my shares. Will probably take a few days. I hope the stock drops a bit more tomorrow. If It does, I got $2,000 to buy a few more. THEN Monday I will ask for certs and it will still only cost me $15.00 for the cert's. This will help "in a small way" to keep the shorters honest.
Have I confused everyone yet. Did drink a beer after I got home. :)

Sapper
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