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What happened to my shares of stock? I owned 10,000 shares of XRYM.OB, now I only have 3 shares of TWCI.PK? |
A few years ago, I bought 10,000 shares of XRYM.ob @ 10 cents per share ($1000 investment). Well, it tanked to 0.0005 per share. Now when I check my account, it says XRYM.ob has been changed to TWCI.pk, and I only have 3 shares of this stock @ $1.01/share. I can't find any information on this company. Can someone explain to me what happened? You have now learned the hard way about the dangers of investing in cheap or penny stocks. They frequently go out of business or are taken over by other companies. The Organized Crime from New Jersey stole your money. WHY WHY WHY WHY????????????? |
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He owns the stock and is free to sell $1 billion worth if he'd like. The money raised from OUTSIDE investors through the IPO is intended to help the company. For founders it's a liquidi... if we did you homework for you, how would you do in your guture life? ...The charges are Securities Transaction Tax on your total deal. And the Service Tax on the brokerage. These are same as far as icicidirect.com is concerned, seems more expensive in these terms. ...Yes 401K is personally owned by you even though it is held in a trustee insitution. Even better you are deffering taxes on both the income you earned and the appreciation of the investment is ... Dr Cash $25,000 Cr Common stock $11,250 Cr Additional paid-in capital in excess of par $13,750 (Being proceeds of shares issued to Mr A) ...I would buy the car out right with the 10k you have. Then use the money you would have used to make the car payment with and invest it on a monthly basis. You aren't going to get a free car ... I took a quick look and the fees don't look too bad. It all depends on how large your account is, how you trade, and how often you plan to trade. Although they have very low transaction fe... if you trade on margin: lets say you buy 拢50000 of stock on 10% margin. So you put up 拢5000 and borrow the balance of 拢45000 from the broker. Note I'm in UK! but its gotta be similar in Sta... |
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