Buy stock, take delivery of the actual share certificates, and try to sell them on Craigslist

[Boojatta]

If the SEC intervened, then would teabaggers complain that the government shouldn't interfere with your attempt to sell what you own?

Craigslist, unlike Wall Street, doesn't have the government's stamp of approval.

[Ian David]

1. That would be interesting to see, but I don't know how that would work out. n/t

[jberryhill]

2. "for philatelic value"

[FarCenter]

3. Stock certificates are not "bearer" certificates.

For one thing, if they pay dividend the company issuing the stock has to know who to send the check to.

Second, to send out the proxy for voting in the annual meeting, they need to know who the owners are.

[Boojatta]

4. You can keep the voting rights and right to future dividends for yourself and sell the rest.

If you own a pair of eyeglasses, then you can keep the frames, and sell the lenses.

[FarCenter]

5. If the seller fills out the stock power with a guaranteed signature, the buyer can do the transfer

and thereby gain the dividend and voting rights.

If the buyer buys the certificate without the stock power completed, then the buyers a sucker.

OTOH, there is a sucker born every minute.

[Boojatta]

6. Shouldn't you consider not only what is purchased, but also the selling price before ...

you reach a conclusion about whether or not the buyer is a sucker?