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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (100051)	12/1/2008 7:15:20 AM
From: The Vet	Read Replies (1) \| Respond to of 110194

Thus, the only solution is to call for the certificates. That would be the equivalent of a "run on the bank" and would force the shorts to cover, or leave the brokers with their butts hanging out. I tried that once... they said OK, but 3 weeks later I chased it up and they said, Sorry that stock has been "oversold" and we can't get certs issued for a while.. I eventually got them over a year later when the stock had dropped from over $20 a share at the top to pennies by the time the certs arrived - and I couldn't trade them the whole time they were in limbo.... They got me good, and my complaint to NASD, SEC and everyone else I complained to was simply ignored! Be careful when you demand your certs...