GME tsunami!
(media.greatawakening.win)
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There are monthly fees with DRs and I have it in writing from Fidelity that they neither lend nor borrow shares held in a cash account. It specifically says only margin accounts and transactions within them are managed differently
https://old.reddit.com/r/Superstonk/comments/pr1mdi/very_underrated_comment_doesnt_matter_that/hdfkvbx/
Re: Fees. If you are in BOOK and not PLAN I don't think there are fees.
I’ve had GME shares in CS for years, and there has never been a fee. The only fee is when you sell shares.
Read the fine print from your brokerage. They can sell your shares at any time, for any reason, which they will have to do if/when MOASS hits.
So your saying they will sell everyone's stock even if they don't have GME or the like to cover their losses??
I didn’t say they will, I said they can.
Where is this Fidelity Fineprint disclaimer stated that you are referring to?. I have read thru the account policy and did not see it. Writing to them in regards to that specific concern and getting a letter back from them stating it does NOT able to cash accounts only to margin accounts and debits therein.
They told me the same