I have accounts with etrade. I've just been on the telephone with Jeff Estes in etrade's Concierge Service. He says there are no restrictive issues on accounts relative to CMKX.
(She received a "telegram"?....I think he thought that was curious...?)
Anyway....I assume if she has requested certificates for her CMKX holdings....and CMKX is the only holding in her account...the transition time for this process could be the "issue" (reason) her account has been frozen.
etrade established this service for active traders, and the telephone number for their Concierge Service isn't posted on their website. When they started this service 6 + weeks ago....they called to give me the number and said it was not to be given out. Otherwise I would post the telephone number.
I'm sure there are other etrade customers here who also have this telephone number.
grannylamb: I just call Etrade and spoke to a rep name Sorkaka Holly regarding this letter of yours. Per Sorkaka, Etrade wouldn't for any reason send out letter to close your account regarding to CMKX. She ask me to tell you guys who holding this letter to please fax it over to her attention so she can forward this letter to her superior and the compliance department at Etrade. Her fax number is 678-624-8545.
grannylamb, I 'highly' doubt that E-Trade story is legitimate. I have friends who have mega-CMKX shares in E-Trade accounts and not ONE of them received a 'FEDEX'. One possiblity is that the person who allegedly got that letter owes E-Trade fees for some reason or is having margin calls. If he failed to send in additional funds to E-Trade, they indeed will close his account. That to me it the likely scenario but he chose to post it around town to scare E-Trade longs. IMHO, FWIW