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LA4321

05/19/11 3:02 PM

#116263 RE: Michtrader #116261

This is why I posted some time ago the need for all to re-read the customer agreement that was signed to open all accounts,Im afraid it will trump just about all discrepancies.JUST MY SPECULATION AND OPINION.
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pontiacnut1999

05/19/11 3:32 PM

#116275 RE: Michtrader #116261

Don't know but just got off the phone with them. Now they are telling me that because enti is non-DTC eligible and the shares can only be transferred in hardcopy certificate form thru snail mail, the swing date (when I finally will be able to trade them)...may not be until mid-June.

They said that what's currently appearing in my acct under the new cusip#, e.g. the exact number of shares I bought, including the 3.3% shares, but with 0.00 value, is called a "placer". A broker puts that there to hold the position's status. When they do get the shares in certificate form, it then will take up to 72hrs. to replace the placer with the shares.

At least I'm getting a good trading education throughout this situation.

GLTA...and slap that ask.
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banderson

05/19/11 3:58 PM

#116280 RE: Michtrader #116261

Wow im looking at my Etrade account for some strange reason my balance has been drastically reduced. Even shares of stocks that total way more than it shows isnt even right.I am estimating that My account is down 96% WTF