Texas Proud
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- May 16, 2005
- Messages
- 18,795
So, I got an email asking if I would loan out some of my shares in a small account at Fidelity... they said I would get 'interest' on it...
I decided to do it... what a mistake... it seemed that the shares were going in and out almost every day... UPRO gets shorted... who knew... I got tired of getting emails etc. about activity happening in my account... since I do not do much it bothered me... so I called up and stopped it..
I did not get that much money... it was not worth it to me...
Does anybody else lend their shares? What are your thoughts on doing it?
I decided to do it... what a mistake... it seemed that the shares were going in and out almost every day... UPRO gets shorted... who knew... I got tired of getting emails etc. about activity happening in my account... since I do not do much it bothered me... so I called up and stopped it..
I did not get that much money... it was not worth it to me...
Does anybody else lend their shares? What are your thoughts on doing it?