Was anyone else charged a "mandatory reorganization fee" for the reverse stock split by their brokerage? AMTD nailed me for $20 for some reason.
I was puzzeled by a loss of cash on my etrade account but couldn't find any explaination
Wait until you finally sell the stock....talk about a loss of cash!
Actually, I believe the -$20 was the dividend we received to coincide with the stock price since the reverse split.
Not that I'm aware of...but I have to say that I think that's the least of your worries.FREE management has made a colossal strategic error and you're gonna lose a lot more than $20 if they are not forced to wake up!bring up my other post...PLEASE WRITE TO MANAGEMENT AND ASK THEM TO UNDERTAKE A STRATEGIC REVIEW!
Yep, I only have a small amount of this stock that I wish I had used a stop loss with. I have ignored it and the reverse split caught me by surprise. So are they losing money now or are all the ships leased?