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Stock Neophyte Needs Help - Vanity
04/11/06 | carton253

Posted on 04/11/2006 2:37:13 PM PDT by carton253

I have learned that when I don't understand how to do something, the best place to come is to Free Repubic where the smartest people in the world congregate.

I have come into possession of 10 shares of stock. I want to sell them, but I don't know what to do. So, if you could instruct me on the best way to go, I would appreciate it so much.


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Thanking every one in advance for what I know is going to be great advice...
1 posted on 04/11/2006 2:37:14 PM PDT by carton253
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To: carton253

I have the email address of a Nigerian investment advisor who would be more than glad to help you.


2 posted on 04/11/2006 2:38:06 PM PDT by dirtboy (Illegal is to immigration is as methyl is to alcohol - both make a good thing toxic.)
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To: carton253

How were they issued to you? Do you have a brokerage account?


3 posted on 04/11/2006 2:38:32 PM PDT by misterrob (Teach a Liberal to think for himself and he'll vote Conservative for the rest of his life.)
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To: carton253

Buy low sell high


4 posted on 04/11/2006 2:38:37 PM PDT by al baby (Father of the Beeber)
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To: dirtboy

Don't be mean... I can't help it if I don't know what I'm doing... I just need help. :)


5 posted on 04/11/2006 2:39:27 PM PDT by carton253 (Al-Qa'eda are not the Viet Cong. If you exit, they'll follow. And Americans will die...)
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To: carton253
Take your pick.

Link

6 posted on 04/11/2006 2:39:48 PM PDT by Michael Goldsberry (Lt. Bruce C. Fryar USN 01-02-70 Laos)
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To: carton253

Is it Berkshire Hathaway?


7 posted on 04/11/2006 2:40:12 PM PDT by petercooper (Cemeteries & the ignorant - comprising 2 of the largest Democrat voting blocs for the past 75 years.)
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To: carton253
best place to come is to Free Repubic

Tee hee.

8 posted on 04/11/2006 2:40:48 PM PDT by Caveman Lawyer (Cluckin' defiance)
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To: misterrob
They were issued by the company I just left. They came from the company's stock broker, I guess. Called Computershare in Ill.

I do not have a brokerage account.

9 posted on 04/11/2006 2:40:53 PM PDT by carton253 (Al-Qa'eda are not the Viet Cong. If you exit, they'll follow. And Americans will die...)
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To: carton253

10 shares of what company? 20 cents a share or $100?


10 posted on 04/11/2006 2:41:02 PM PDT by ZGuy
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To: al baby

That much I do know! But thanks for the laugh!


11 posted on 04/11/2006 2:41:18 PM PDT by carton253 (Al-Qa'eda are not the Viet Cong. If you exit, they'll follow. And Americans will die...)
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To: carton253

Bring the shares to a local discount brokerage and deposit them. They can sell them or hold them for you. Don't sign the back of the cert beforehand.


12 posted on 04/11/2006 2:41:29 PM PDT by waverna
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To: carton253
Get a stock broker or contact a friend with a broker. You'll have to transfer the certificate (I assume it is a stock certificate if you have it) to the broker, and you can sell it from the account.

You might want to check to see if it is worth your trouble. 10 shares of Birkshire Hathaway would be worth a lot more than 10 shares of Enron. Also check to see if the stock has split - what used to be 10 shares might be more now.

13 posted on 04/11/2006 2:42:08 PM PDT by KarlInOhio (If you have a leaking pipe, you shut off the water valve before deciding on amnesty for the puddles.)
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To: Caveman Lawyer

I did not do that... that's so bad... teach me to proofread.


14 posted on 04/11/2006 2:42:15 PM PDT by carton253 (Al-Qa'eda are not the Viet Cong. If you exit, they'll follow. And Americans will die...)
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To: carton253

Expect some good-natured ribbing.

It is the Nature Of Things on Free Republic.


15 posted on 04/11/2006 2:42:35 PM PDT by freedumb2003 (Don't call them "Illegal Aliens." Call them what they are: CRIMINAL INVADERS!)
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To: KarlInOhio

It's Fifth Third Bancorp.


16 posted on 04/11/2006 2:42:59 PM PDT by carton253 (Al-Qa'eda are not the Viet Cong. If you exit, they'll follow. And Americans will die...)
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To: carton253
Open an account with Scottrade.

Then sell your stock for a low $7 commission.

It won't cost you to open the account, but you will need a minimum ($2,000 I think?)

Then you can close the account if you want. So all you're out is $7.

17 posted on 04/11/2006 2:43:21 PM PDT by Siena Dreaming
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To: freedumb2003

Oh, I know... 90% of it is good natured... 10% of its just mean. I ignore the 10% and laugh with the 90%...


18 posted on 04/11/2006 2:43:38 PM PDT by carton253 (Al-Qa'eda are not the Viet Cong. If you exit, they'll follow. And Americans will die...)
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To: ZGuy

$39.60 a share.


19 posted on 04/11/2006 2:44:13 PM PDT by carton253 (Al-Qa'eda are not the Viet Cong. If you exit, they'll follow. And Americans will die...)
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To: carton253

I prefer to free float my stocks, but when more appropriate, I'll bed them with aluminum or glass.


20 posted on 04/11/2006 2:44:38 PM PDT by Joe 6-pack (Que me amat, amet et canem meum)
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