Theo's Poolside Discussion of Trading Delights and Disasters (BYOB)

[Theo]

This is good news- I didn't even know I owned it (not that it even matters at this point) obviously a REAL crappy trade/gamble from the past LOL!!!

Got an email from Schwab (they just finished transferring my account(s) from TDA):

We recently learned that your account listed above holds securities that have no known market and have had no transfer agent service available for the securities for the past six years. Without a transfer agent, the securities are deemed to be non-transferable.
What this means for your account.

Because we’re unable to custody non-transferable securities, we’re removing the securities below from your account and will no longer include them in your online or print statements. You will see the removal as an "Adjust Position" entry on your upcoming statement and within your transaction history. For taxable accounts, this action will not be reported to the IRS.
CUSIP Security Description Quantity
00389Y205 GENESIS BIOVENTURES IXXX 30200

Got a few others I wish they'd simply delete....🙄