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Strategies & Market Trends : Americans 4 "No Own - No Sell" -- Ignore unavailable to you. Want to Upgrade?


To: Nazbuster who wrote (258)10/3/2001 4:16:36 AM
From: Ga Bard  Read Replies (2) | Respond to of 455
 
THANK YOU!!!! You just proved what I been saying about legal shorting and borrowing. Does your broker call you and negoiate the varios rates of the stock loan and get you the best compensation for your stock that is about to put up for collateral? Do you known a stock loan that the owner of the security gets a stock loan agreement?

Apparently you can;t read very well the customer Account Agreement:

may from time to time and without notice to You, and in compliance with applicable federal and stock exchange regulations, be carried in DBS's general loans and may be pledged, re-pledged, hypothecated, or re-hypothecated, or loaned by DBS to either DBS as a broker or to others, separately or in common with other securities or any other property, and without retaining in DBS's possession and control for delivery of a like amount of similar securities, or other property.

Amazing You just posted exact the contradiction to your ranting that I am wrong and just proved me right.

Has it not dawned on your that after going up against so many and talking to some many brokers that no one tried to pull what you just did ... again thankyou.

Oh well ...

P2bAAAT & DSAS



To: Nazbuster who wrote (258)10/3/2001 5:37:58 PM
From: patron_anejo_por_favor  Read Replies (3) | Respond to of 455
 
<<No one forces you to loan out your stock. You do so willingly when you put it in a margin account and sign your Account Agreement with your broker. If you don't want the shares lent, put them in a cash account or call your broker and tell them NOT to loan your shares.>>

Perfect response...you saved me the trouble of writing it, thanks!<G>