DSUS: How to Sell Stock Certificates
One Methods:Sell Stock Certificates Through a Brokerage House
Stock certificates come in two types: preferred stock and common stock. Holders of preferred stock receive dividends before any holders of common stock do. Preferred stockholders; however, do not have voting rights within the company, while holders of common stock do have voting rights. (They are said to hold "voting stock.") The common stockholder is allowed one vote per share of stock s/he holds in the company. There are several ways to sell your common stock
1 Research the stock you are trying to sell. Do this by searching for the company's stock symbol and looking it up in daily price listings online or in newspapers. As long as the company is still in business, stockholders can sell their stock certificates in the company
2 Look up the current price of your stock. This information can be found in the daily stock listings referenced above.
3 Take your stock certificates to a bank at which you hold an account. Ask to speak with the investment officer of the bank. Request the officer to place a trade on the stock certificates to sell on the open market at the current price
4 Wait for the stock certificates to clear (this usually takes three days) and the money for your certificates will be credited to your account.
Sell Stock Certificates Through a Brokerage House;
1 Select a brokerage house. There are many brokers, large and small, "brick and mortar" and online. Choose a brokerage house you feel comfortable with.
2 Set up an account with the brokerage. If it is a physical location, they will instruct you how do so when they take your personal information. If you choose an online broker, find the link that says "Create an Account" or "New User Sign Up" within the brokerage site and fill in the required information
3 Sign the back of your stock certificates in order to transfer them over to the brokerage account.
4 Bring or mail in your signed stock certificates. Your broker will then place them in your file. Once the broker has your certificates, you can sell them any time the stock market is open. Your money will arrive in your account about three days after you sell the certificates.
Tips:
•If you need to turn the stock into cash immediately, you need to take them to a licensed securities sales agent.
"If sale or trade is "Denied" after redemption date has been met".
Class action motion may be filed...
Notice preferred shareholders hold "NO" voting power. imo this is why dsus is pushing for a vote, to wiggle out of there obligations and empty promises "again".
HEADS UP!!!!!
This is where we are IMO:::::
