OT: Weird stuff going on w/ my brokerage account.
To my alarm and amazement, I noticed my Ameritrade Izone account reflected a long position of 332 shares of COST (Costco) this morning. Never have I bought long, sold short, bid on, or even thought of bidding on this stock in my life, yet I somehow now owned $18,000 worth. I went through all my filled ordered over the last month and found no record of any COST trades. I wrote a nasty email to Izone demanding to know what was up, followed by an even nastier note after waiting 4 hours for a response that never came. Finally I received an email of apology from a Senior Client Service Representative informing me that they are aware of this "issue" and are working to reverse this "error." Thankfully, they have since fixed the error and I am no longer a COST stockholder, and my 18K has been placed back into my cash balance. I am usually a fan of Ameritrade and Ameritrade Izone, but the magnitude of the error and their lax response didn't sit well with me. Also, they wouldn't elaborate on why this error happened in the first place. Anyway, I'd thought I'd share this. MORAL TO THE STORY: Scrutinize your accounts! Technology is only human.
