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Inovio Pharmaceuticals, Inc. Message Board

  • beachhed beachhed Aug 22, 2013 6:33 PM Flag

    Schwab

    Schwab is offering me **** per month to use my INO shares.

    We're writing to offer you a unique income opportunity through Schwab's Securities Lending Fully Paid (SLFP) program. Enroll in SLFP, and you can receive monthly income for lending securities to Schwab that are in high demand by other investors.
    Benefits of the SLFP program include:

    You can sell loaned securities at any time.
    You can end loans at any time.
    Income accrues daily and is paid monthly.
    You'll receive 100% collateral for loaned securities.
    You can participate at no cost to you.

    Next Steps
    Please go to schwab.com/SecuritiesLending-Enroll for more information and to enroll in SLFP. You'll also see which securities we'd currently like to borrow from you, and how much income you can earn. You can also call us at 1-800-355-2448, Monday through Friday, 8:30 a.m. to 4:00 p.m. ET.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Too funny!!!!! Created The Leokillard identity to try to sell this BS.
      Congrats. You made a dime instead of a nickel..

      • 2 Replies to urbankz
      • We're writing to offer you a unique income opportunity through Schwab's Securities Lending Fully Paid (SLFP) program. Enroll in SLFP, and you can receive monthly income for lending securities to Schwab that are in high demand by other investors.
        Benefits of the SLFP program include:

        You can sell loaned securities at any time.
        You can end loans at any time.
        Income accrues daily and is paid monthly.
        You'll receive 100% collateral for loaned securities.
        You can participate at no cost to you.

        Next Steps
        Please go to schwab.com/SecuritiesLending-Enroll for more information and to enroll in SLFP. You'll also see which securities we'd currently like to borrow from you, and how much income you can earn. You can also call us at 1-800-355-2448, Monday through Friday, 8:30 a.m. to 4:00 p.m. ET.

        Important considerations
        Security Price. There is the potential for downward pressure on the price of a security you lend if the security is borrowed to facilitate a short sale.

        Dividends. If you have a security on loan to Schwab when it's scheduled to pay a dividend, you will either receive the dividend or a substitute payment in lieu of dividend (PIL). You may have to pay a higher tax rate on a PIL, but Schwab currently issues a discretionary payment to help compensate for additional taxes.1

        Voting Rights. Upon lending a security to Schwab, you will lose the right to vote on corporate actions by the issuer.

        Loss of SIPC Protection. Because borrowed securities may not be covered under the programs of the Securities Investor Protection Corporation (SIPC), loans are secured by collateral provided by Schwab.

        Thank you for the opportunity to serve you. If you have any questions or need assistance, please call us at 1-800-355-2448, Monday through Friday, 8:30 a.m. to 4:00 p.m. ET.

      • Uhh, really? Unlike multi alias punks like you I only use one. Got it in my inbox at 7:06 am yesterday, douche.

    • Shorting Plan... Tell them f***ck offfffffff ;-)

      Sentiment: Strong Buy

    • Ask yourself a very fundamental question..... WHY would you let someone borrow your shares and in effect erode your investment??? Their following statement is most pathetic: "You can participate at no cost to you." Do they really think that people are stupid???? It's one thing to sell options on stocks you own.... quite another to, for a pittance, allow someone to wipe out your gains & principle....

 
INO
13.10+1.96(+17.59%)Jul 23 4:02 PMEDT

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