InvestorsHub Logo
Followers 240
Posts 12053
Boards Moderated 0
Alias Born 04/05/2009

Re: acoldiron post# 22

Friday, 11/16/2018 3:26:33 PM

Friday, November 16, 2018 3:26:33 PM

Post# of 66
I recently learned that brokerage firms will not transfer out “worthless” securities. As a result, I’m in the same boat with one account

Although unlikely, sometimes value shows up years later due to a lawsuit. LRTR was involved in one, but the case later faded away.

If you own a small position, it might be worth having the firm write it off.

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.