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ARCADIA RESOURCES Message Board

  • saibotol saibotol Dec 16, 2011 11:16 AM Flag

    Share certificate? fake shares?

    So pallfron said there may be fake schares out there?
    I own 100K at least that's what my trading account says.
    I'm a bit confused now. Do I have real shares?
    And where can I check?

    Sorry to bother you guys with my questions but I'm a beginner investor and I'm still learning a lot. Would appreciate it if someone could help me out here and give me some extra information.

    Thanks in advance,
    Saibotol

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    • best thing and only thing you can do now is "lock" your shares, by doing the following:

      place a sell order for all 100,000 shares at a price higher than $1.00

      this will at least prevent those shares from being lent out to someone else for shorting

      • 1 Reply to bigbuffbifff
      • Thank you for replying.
        I have my shares on a limit order of $2,00. The first time (a few days ago) my broker deleted the order. But I placed the order again and its there for a couple of days now, waiting to be filled. Seems that nobody wants to buy my 100K for $2/sh :D lol

        But I could try to contact my broker to get a certificate right?

        Thanks again,
        Saibotol

 
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