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Re: loanranger post# 35074

Wednesday, 08/10/2016 9:17:50 AM

Wednesday, August 10, 2016 9:17:50 AM

Post# of 97081
Thanks for the in-depth explanation of what those non-negotiable dividend shares are all about, ranger. When I first tried to sell them, three or four years ago, one of the brokers at Ameritrade explained to me pretty much what you just wrote, though not as thoroughly. At the time. I just shrugged it off as yet another example of management's perfidy towards us small shareholders. I only brought it up because Dr. Zem recently posted that those share had been released and that he was able to sell his for the usual commission that Schwab charges for all of his trades. The next day I tried to sell mine on-line and received an automated message saying that those share were non-negotiable. The amount I would have received would have been so small that I wasn't going to bother to pursue the matter other than post on the board the fact that those shares were still, as far as I'm concerned, worthless. The only purpose they serve is, when I look at my portfolio on my brokers site, I am reminded how much fun I have participating in this thread.

Life is as much a merry tavern as it is a sad hotel.
--Tennessee Williams