Spin offs,Commision greater than value
ami-b8zs 
05-02-2008, 11:30 AM | Post #2513946 |  1 Replies
I have spin off shares of 2 companies at Schwab.The commision is equal to or greater than the value...what do I do with these useless clingons.Let them ride forever sell or donate them to charity?
1 Replies
Re: Spin offs,Commision greater than value
05-03-2008, 5:04 PM | Post #2514362
Hide

Hold on for now.
 
I had a similar situation. Eventually, my broker informed me that a buyer was willing to pay for my shares at a reasonable price. It worked out well.

Have fun.

John Walter Russell