Just got a letter in the mail that since I don't own at least 100 shares of TXN I will either have to pony up enough to buy the remaining shares at $32/share (currently trading at ~$24) or sell all shares with a $2.5/share penalty (fee?). I course I bought the stock 2 years ago before the market tanked and it is still down 30%. A forced sale now will not exactly make me a happy investor. I bought the stock because it is a local stock was it was supposed to be small investor friendly.How can a company rip a small investor off like this?
You don't have to participate, it's not a forced sale.
The letter I had said I had 30 days to sell or they would sell for me. I dumped it all and it will be a cold day in... Before I invest or purchase anything ti
Do you own the stock in some type of company DRIP?
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