RE: Broker bashers6 Mar 2024 13:43
I can PROVE it or DIS-PROVE it. I keep buying RRR shares in theory, slowly. Then, when I have reached scale ie no of shares, I inform the STOCKBROKER, I want to have PAPER RRR shares for custody. Ooops, if the stockbroker checks and cant give me physical delivery, then my thesis is proved OR disproved. The only person that can do that is the LARGEST shareholder of RRR and between the 3 largest shareholders, they can ask for DELIVERY of RRR shares in paper form ie share certs.
I was at Tesco Express yesterday. In front of me, was a lady [not very young] and she bought 1 or 2 things but she bought lottery tickets, No 5, No x, y, z but I noticed she did NOT buy even ONE £1 scratch card so presumably, they were the expensive ones of £5 etc. Me, I BOUGHT NONE. Why? Risk vs Reward and Odd , not so great. This is to illustrate the Common Man in action? So, at RRR, bring it on @DRC, then perhaps everyone Johnny 777 will land here once they see volume and price etc as norm. There could be a crush. As usual, from the INCREASED VOLUME, it does suggest that the traders are now in for whatever ride there is to come at RRR, be it x, y, z updates or now? Getting interesting now. In the USA, it is called RRR is on the stock scanners ie vol, price etc.DYOR, NIA. Wed, 6.3.24.