Someone knows how to sell these horrible WF stocks? I think I have more than a $1000 worth and I want to sell them. Thank you in advance
8 replies (most recent on top)
wish I sold mine a couple years ago at $65/share. Now they're practically worthless... :(
please don't sell them now lol, it's the worst time. it's been at 52 week lows forever now. just be patient and wait for it to be worth something before getting rid of them - it'll happen. don't buy high and sell low lol.
were they grants or purchased thru the tmspp? should have asked that first... either way, i think you should wait.
Did you sell them yesterday?
I seriously doubt any premium would be offered in a buyout. That's precisely why there hasn't BEEN a buyout. This company is ripe for a "takeunder" where less is offered per share than the current market price, IMO.
It's called stock. It's stock, not STOCKS. "Stocks" refers to the stock of more than one company, as in "Stocks on Wall Street gained today overall." The stock is gaining today on more absurd takeover rumours that I believe are regularly started by mis-management to goose the stock price. Anyway, it's working. It's up around 3% to nearly $29, but that' still off from an all-time high near $67, adjusted for splits. It could also be due to short-covering, which is where those who shorted the stock rush to buy it back and lock in their profits. Good luck.
Thank you so very much guys, you were very helpful! I own them... thank you again
Do you own them outright, or are they options? If they are options it's likely there is no value there as we are at a 5-year low. If you own them outright take a look at the market trends and decide if you want to sell for a likely loss. The company is still cash positive, so the doors are not shutting in the near future. May be wise to hang on for a bit to try and recoup some value. If the company gets bought there will likely be a offering at a premium above market value too.
Log into you fidelity account. If they are fully vested, you just click a few buttons and they get sold. Check comes in under a month. Stocks that are not fully vested may or may not be sellable.