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No. of Recommendations: 1
I recently sold my shares of JCI due to the fact that I felt there was a better place for my money to be. I faxed the request in on Wednesday and they sold the shares the next day! The brochure I got when I signed up said that they sell on Tuesday and Friday within 10 days of your request. I called Firstar and was told that 99% of the time, they sell your shares the next day. This seems alot easier than requesting certificates, redepositing those shares with an online broker and paying a selling fee (JCI's fee is $5). Hope this gives you a second opinion!
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