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Biotech / Medical : Biotime-Nasdaq's best kept secret?
BTIM 0.00010000.0%Nov 7 9:30 AM EST

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To: Todd N. Weisrock who wrote (1136)10/19/1998 11:34:00 PM
From: Angel D   of 1432
 
Todd,

I have had some experience in "calling my cert". Here's something to keep in mind.

When we call for a cert, it is supposed to be delivered in three days (just like we have to cough up our money in three days). However, even allowing for three (or maybe four) three day extensions, the actual time to get the cert is more like three or four weeks. During this time, we feel frozen. No need. If, tomorrow, you order your cert and next week the stock goes to $25 (very possible) and you wish to sell (prematurely ) then all you have to do is call your broker and say "I wish to cancel my cert order and I wish to sell X number of shares". That is how it is supposed to work (via the RULES). If your broker ever gives you any static on such things, ask to speak to his compliance officer. This usually gets results.

Always remember, YOU are the customer and, in case they forget, help them to remember it.

Best regards,

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