First time message to board - been reader since 2013
I was about to start dumping my shares in late January , then I saw
something in my brokerage account & I stopped & decided to ask why ...
I have a margin account @ Charles Schwab in which I have some FARE
shares. When I clicked on + sign next to shares held , the shares were
split into two quantities of FARE. Shares I purchased 8/3/17 & after
were as expected with no notations. Shares I purchased 3/1/17 & earlier
were listed as marginable but no change in value / same as others. After
a live chat with Schwab , they told me they could see no evidence of
what that meant. So , I said to them , I guess someday it will just
disappear & all shares will be listed the same. That was Jan , now it's
March , they are still listed marginable.
Before I go further down the rabbit hole than I am (or take you there) ,
has anyone noticed the same at their margin or regular account ? Or was
this just a snafu that Schwab couldn't or wouldn't bother to correct ?
Thanks Richie & all others