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14-01-2011, 03:57 PM
(14-01-2011, 03:17 PM)iisterry Wrote: Is anyone an active participant?
Would like to hear your thoughts on the pros & cons. I assume that one is not eligible for dividend/right entitlements while the share is lent out?
You are still entitled to all the rights and dividends. This one is a no brainer and everyone should sign up for it. You get the upside(if someone borrows from you) without the downside. the problem is not much borrowing going on. My stocks has not been borrowed for the last couple of years. Probably my stock holding are mostly non speculative ones. prior to that back in 2006/07, I used to get some extra nice lending income of a few hundred dollars.