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Microcap & Penny Stocks : ICVI (now MTEI) -- Ignore unavailable to you. Want to Upgrade?

To: Cliff Daniel who wrote (8604)	6/5/1998 1:41:00 PM
From: StandFast	Read Replies (1) \| Respond to of 11850

Cliff, That is also what I was told. If they are on a margin account they can be shorted, if you bought them on a cash account they are yours.

To: Cliff Daniel who wrote (8604)	6/5/1998 1:44:00 PM
From: eRM Solutions	Read Replies (1) \| Respond to of 11850

Cliff, That is in the US, can a Schwab office in Canada borrow from a Schwab office in the US, so they can allow their Canadian customers to short?

To: Cliff Daniel who wrote (8604)	6/5/1998 2:17:00 PM
From: Dixie7777	Read Replies (1) \| Respond to of 11850

Furthermore, as BB stocks, it is highly unlikely that they are even marginable. The really big question is will a broker lend them to anothe brokerage. One that they have a business relationship with. Fidelity went to great lengths yesterday to explain that these BB will not be loaned out under any circumstances. She will be following up in an e-mail and I will post when it arrives. So, it boils down to "who do you trust?" While I'm sure that games get played, I'm confident that the better names, (brokerages,) will not lie to you. (They'll blame it on someone else.) Gotta trust someone. Rich

To: Cliff Daniel who wrote (8604)	6/5/1998 2:30:00 PM
From: Jim B	Read Replies (1) \| Respond to of 11850

Cliff, don't be fooled.. unless you hold your shares in CERT form.. they CAN and WILL be borrowed against.. legally or illegally the MMs dont' care.. I was on the EUTO thread and the OVIS thread and read so much info on the "calling in of certs".. that I personally believe with what MACKER is saying... the only way to be sure is to get your certs ordered from your broker and have them physically printed out in your name and mailed to you.. then if you want to sell them.. you either FED EX them back.. or if you have a local broker like I do.. I just take my certs down to him (15min drive) and sign them over to him and sell them... in fact, I call him and say, "sell xx,xxx shares of xyz... I have the certs.. I'll bring them over to you today or tomorrow" and he sells them while I'm on the phone and then I just go down there usually the same day and give him my certs... not complicated.. but this way I KNOW 100% no one is borrowing against MY shares!! jim