TSX:LSG.DB - Post by User
Comment by
baranjaon Feb 12, 2014 5:28pm
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Post# 22202122
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Loose lips sink ships
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Loose lips sink ships
Computershare is transfer agent for most of the companies.
You just call you brokerage house and tell them you want to move such and such shares to DRS. There will be small fee, but they will do everything for you. You will get confirmation and if you want web access to your holdings, just call them and they will set you up with Web interface and access to your holdings. Very nicely organized, no doubt about that.
Basicaly the shares will be registrated in your name and you will become real owner of the shares, also, your shares will not to be shorted any more. If you want to move it back. just call the brokerage, and they will move it back to your brokerage.
I must say the whole thing is nicely organized. Note: registered retirement accounts are not transferable.
If you are day to day trader, if you buy and sell more often,.. of if you acumulate.. brokerage is fantastic for that.. If you have sold company that you will hold long time.. DRS or cerificate is great