What we collect!

 

Stamporama Discussion Board Logo
For People Who Love To Talk About Stamps
Discussion - Member to Member Sales - Research Center
Stamporama Discussion Board Logo
For People Who Love To Talk About Stamps
Discussion - Member to Member Sales - Research Center
Stamporama Discussion Board Logo
For People Who Love To Talk About Stamps



What we collect!
What we collect!


United States/BOB & Other : Failure on Memo of Stock Sale (MOS)

 

Author
Postings
1898

16 May 2023
07:58:30pm
I've never seen this before and have no idea what the word "Failure" means and or why it was used on this MOS.

Do anyone know what the answer is?

Image Not Found

Like
Login to Like
this post
roy
Members Picture


BuckaCover.com - 80,000 covers priced 60c to $1.50 - Easy browsing 500 categories

16 May 2023
08:09:02pm
re: Failure on Memo of Stock Sale (MOS)

A "Fail" or "Failure" in the stock market refers to a Failure to Settle. i.e. either the funds were not available from the buyer, or the stock certificates were not delivered by the seller on time.

Roy

Like 
1 Member
likes this post.
Login to Like.

"BuckaCover.com - Since 2003 - Over One million covers sold - What have you been missing? Over 10,000 new covers added June 20!"

www.Buckacover.com
1898

16 May 2023
09:24:58pm
re: Failure on Memo of Stock Sale (MOS)

Thanks, I've collected the MOSs since 2009 and this is the first "Failure" I've encountered.

Like 
1 Member
likes this post.
Login to Like.
1898

17 May 2023
07:51:18pm
re: Failure on Memo of Stock Sale (MOS)

Have other members encountered these "Failure(s)"?

Like
Login to Like
this post
        

 

Author/Postings
1898

16 May 2023
07:58:30pm

I've never seen this before and have no idea what the word "Failure" means and or why it was used on this MOS.

Do anyone know what the answer is?

Image Not Found

Like
Login to Like
this post

BuckaCover.com - 80,000 covers priced 60c to $1.50 - Easy browsing 500 categories
16 May 2023
08:09:02pm

re: Failure on Memo of Stock Sale (MOS)

A "Fail" or "Failure" in the stock market refers to a Failure to Settle. i.e. either the funds were not available from the buyer, or the stock certificates were not delivered by the seller on time.

Roy

Like 
1 Member
likes this post.
Login to Like.

"BuckaCover.com - Since 2003 - Over One million covers sold - What have you been missing? Over 10,000 new covers added June 20!"

www.Buckacover.com
1898

16 May 2023
09:24:58pm

re: Failure on Memo of Stock Sale (MOS)

Thanks, I've collected the MOSs since 2009 and this is the first "Failure" I've encountered.

Like 
1 Member
likes this post.
Login to Like.
1898

17 May 2023
07:51:18pm

re: Failure on Memo of Stock Sale (MOS)

Have other members encountered these "Failure(s)"?

Like
Login to Like
this post
        

Contact Webmaster | Visitors Online | Unsubscribe Emails | Facebook


User Agreement

Copyright © 2024 Stamporama.com