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I'm sure most of you are aware that

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Rena Member Profile
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Rena Member Level  Sunday, 08/24/03 10:48:13 PM
Re: None
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I'm sure most of you are aware that E'Trade (and probably other on-line brokerages) charge a quarterly fee on accounts when not used regularly, and if the account shows a negative balance, they can sell your stock to cover the deficit.
Although I was aware of this, I thought they would have to notify you ahead of time.
Maybe some of you had family or friends who got in this years ago when we were young and foolish, so it may be too little, too late to post this, but my Mom and my sister lost their small accounts.
So on the hope that cvia may come back some day, you may want to follow up with anyone who may have a small account. If I'd been more observant, we could have consolidated the accounts in E'Trade, or put it in my Ameritrade account which does not charge a fee.
Rena



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