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TopicStock Market General #34.
AlCalavicci
05/26/21 2:08:38 PM
#70:


krazychao5 posted...
Oh, yikes, reached out to TDA for HCMC rights offering, and this was their first paragraph. Dumb dumb dumb. The fee they charge is worth more than purchasing the 25k shares, and buying 25k shares at the current market price is $36.13 cheaper anyways.


I just looked in my ETRADE and I would be charged the same $38 reorganization fee. Sounds pretty bullshit tbh

If I bought the same number of shares at regular price right now it would be about $38 so I don't know why I would even be compelled to participate in this rights offering. All it does is give me those extra shares, right?

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