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Old 02-08-2010, 03:39 PM
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Default How to sell stock

The certificate is in my hands and it's a public company. I called Charles Schwab and they said because it's under $1 they can not help me. Where do I go?
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Old 02-09-2010, 01:48 PM
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Default Re: How to sell stock

Does anyone know where I can go to sell stock at less than $1 per share?
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Old 02-22-2010, 06:44 AM
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Default Re: How to sell stock

Any broker can sell and buy shares valued at less than $1 - heck, last year during the financial crisis there were a lot more of them around!
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Old 09-04-2010, 10:59 AM
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Default Re: How to sell stock

Quote:
Originally Posted by maxine_red View Post
Does anyone know where I can go to sell stock at less than $1 per share?
Check with Scottrade, they can do it.
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Old 09-10-2010, 05:36 PM
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Default Re: How to sell stock

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Originally Posted by maxine_red View Post
The certificate is in my hands and it's a public company. I called Charles Schwab and they said because it's under $1 they can not help me. Where do I go?
get in touch with the legal authorities working in stock.
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Old 09-11-2010, 04:21 AM
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Default Re: How to sell stock

Shop around for the lowest commissions.
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Old 10-30-2010, 03:16 PM
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Default Re: How to sell stock

Yeah you have to look at prices, maybe contact the company they might buy it back for the current market value, however if you do need to go through a broker, you might end up paying more than you get from selling, i know zecco charges $35 to transfer stock in from the paper form. or something like that, so if it is only worth a dollar you would pay 35 to get 1 so you would lose 34.
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Old 01-27-2011, 11:52 AM
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Default Re: How to sell stock

Most brokers will sell the stock for you. The problem is if you only have one share it may cost you more to sell it then the stock is worth. If the share certificate looks "nice" and that's up to you, you may want to put it in a frame and hang it on a wall as a picture. It's a good icebreaker when people come over to visit. Tell a story about it.
When I was a stockbroker people would buy one share of Disney and put it into a picture frame because it had all kinds of pictures of Disney characters on it. Today it is difficult to get a paper stock certificate because they are expensive to produce and most are now electronic. Just an idea.

RichS CFP(r)
www.insimplelanguage.com
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Old 03-10-2011, 01:30 AM
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Default Re: How to sell stock

Selling common stock shares is not a difficult process, but can be expensive for someone that has no understanding of how common stock is bought or sold. Common stock shares are shares in an individual company that is sometimes called voting stock. For each share that is owned, the shareholder is entitled to one vote.

Common shares are different from preferred stock in one important way: preferred shares do not give the shareholder voting rights but all dividends issued by the company will be paid out to preferred shareholders before common shareholders.

Thanks
Financialculture.com
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