I never said it wasn't best.
I don't have to prove anything.
You pick what ever you are comfortable with and I'll do the same for me.
Woody
I never said it wasn't best.
I don't have to prove anything.
You pick what ever you are comfortable with and I'll do the same for me.
Woody
Well, you either make money or lose money so in that respect you "own" them.
If you have the actual stock certs in hand, nobody but you own them.
You are correct. This is the outfit that "owns" all the stocks in the US that are not privately held in certificates.
http://www.dtcc.com
They are a privately held company (stake holders not share holders (think Federal Reserve)). Last I knew, 198 global stock markets transfered all trading data through them, because they hold the stock. The "stock" is assigned to your brokerage firm, then the "stock" is assigned to you. This also the DTCC to rent your stocks to short sellers, that compete against you in the market.
Because the DTCC controls all stock certificates, there is no way to know exactly how many shares are out. Overstock.Com CEO had issues with this as there were in his calculations 107% of his companies stock SHORT on the market.
"Overstock CEO Patrick Byrne said, "The decimal is not misplaced --we have cracked the speed of light. It is my understanding that some shareholders (e.g., pension funds) might have asked that their shares not be made available to shorts, thus reducing the 8.97 million shares the DTCC has available for lending. I also understand that the 9.58 million stated short interest does not include failed-to-deliver short sales, failed-to-deliver long sales, another category that the DTCC now cryptically calls, 'open positions,' or lending outside the DTCC (i.e., 'ex-clearing'), which only two guys on Staten Island understand. Thus the real ratio is anyone's guess, but it's somewhere between 107% and infinity. On a positive note, the DTCC continues to maintain that their Stock Borrow Program does not permit the creation of new or counterfeit shares: I think that's good, because otherwise this situation could be getting out of control."
http://boards.fool.com/overstock-ceo-patrick-byrne-said-quotthe-23883333.aspx
BTW, my personal belief is Mr Byrne and his company were being targeted. He is a staunch "hard money" believer and dislikes the Fed Res in control of the US money supply, as was JFK (EO 11110).
You could be the owner of a bundle of stock certs from 1917. Lol.
In process of researching some of them.
This particular one has great Grandpas writing on it.
Big Money!
In process of researching some of them.
This particular one has great Grandpas writing on it.
Big Money!
LMAO
mmmkayyy
I’m not sure how my bills are paid as I have them taken care of by my people.
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Any predictions when the Dow will hit 27,000?
Based on the Futures screenshot below, it only needs to go up 700 points. However, that is only 2.7%. Year to Date, its up 1,528 points or 6.2% in 24 days. Based on this, I estimate 27,000 by end of day Monday February 5th, 2018.
Based on the Futures screenshot below, it only needs to go up 700 points. However, that is only 2.7%. Year to Date, its up 1,528 points or 6.2% in 24 days. Based on this, I estimate 27,000 by end of day Monday February 5th, 2018.
New records again today. 383 points to go until 27,000! Thank you President Trump!
All this winning is NOT getting old! LOL
Its been a little while but new highs today across all the S&P, NASDAQ and the DOW!
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