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By: teecee in IDCC | Recommend this post (0)
Thu, 19 May 11 10:14 PM | 258 view(s)
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Msg. 41082 of 48237
(This msg. is a reply to 41080 by imalurker_2)

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im participating in a program called fully paid lending...whereas my fully paid shares in eligible accounts[1myn or greater] can be borrowed for fee...i am doing this mostly to keep an eye on the situation...today they borrowed all the shares in my two eligible accounts approx 42,000 shares,,,i got paid a total of 22 dollars after fees for today Mr. Green Mr. Green Mr. Green Mr. Green Mr. Green




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The above is a reply to the following message:
Re: recieved a call from the stock loan desk
By: imalurker_2
in IDCC
Thu, 19 May 11 9:32 PM
Msg. 41080 of 48237

I called TD Waterhouse this week and told them that I did not want them to loan my IDCC shares to anybody at any time.

He told me,: "You have only a CASH ACCOUNT." "We do not loan any stock held ina CASH ACCOUNT." "If you have a MARGIN ACCOUNT, we can, and do loan your shares.

IMA


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