Replies to post #23113 on Lord Global Corp (LRDG)

[Sheepdog]

Etrade charges every account holder a $38 "MANDATORY REORG FEE" for every reverse split.....whether $100K of stock is owned or $1

So if they have 1,000 clients in a RS stock, they get $38,000.

Wouldn't be so bad but in the last one, they then wouldn't let their clients sell until the price has plummeted another 80%.

[MastaBeta]

Nah, more than likely that would just result in getting charged $6.95/trade again until I get back to 30 trades/qtr