InvestorsHub Logo
Followers 20
Posts 694
Boards Moderated 0
Alias Born 02/23/2010

Re: None

Tuesday, 03/27/2018 12:26:33 PM

Tuesday, March 27, 2018 12:26:33 PM

Post# of 729274
Just checking in with TD Aameritrade reorganization dept. After speaking with a rep in that dept I am going to call back to get another statement. According to Alanzo he stated that yes they (his department is still waiting for direction from THE DTC. He said it is very odd that the escrow markers would have been in our accounts this long if the DTC was not going to release value you to them. He stated if no value was was forthcoming he believes they would have been deemed worthless and would have received a directive from the DTC.

As he said it could be one of three ways. Dividends, Cash , or Stock for marker swap. He had been recently aware of WMIH is buying NSM. I asked whom is the owners of WMIH he stated WMI preferred and Common according to his internal notes. Now to be honest I do not know what you can or cannot take as gospel ,however he did at least seem like he knew what he was talking about. So in a bit I will call back and try to get to a senior head in that dept. Will see. He left it as they(Ameritrade) are waiting for notification and instructions from the DTC.

DTC Regards.
Barry
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent COOP News