After reading through old post and what not I understand enough about how the stocks work. From this I've come to understand that all you can do as a Faction Owner is protect/unprotect faction assets and change leadership. But as far as controlling or running the faction (makeover privs, etc.), you get no say. So I ask, if you were the owner could you join that faction (or have someone else join it for you), change leadership to him or yourself, and then be able to take control?

If you own the stocks, you can make yourself the Faction Leader.

But you would need to be in the faction first, correct?

you can only be the leader, when you are in the faction. that's correct.

Cheers for those clarifications.

Actually the owner can set any freelance person as the leader

Mmm that's good to know.

To clarify, if you made yourself leader outside of the faction, then you automatically become part of the faction.