Post by
GoodLife60 on Feb 22, 2021 12:02pm
GETTING RID OF MY USELESS ABATTIS STOCK
This example is from a cube.cn board I posted. I copied it from that board. I also got rid of my Abattis stock the same way but with different values of course "I use Questtrade in Canada and after 2 years of holding. I contacted them. They converted them to the pink sheets OTC and after getting permission from the SEC and me not being a professional trader. They liquidated them at my picked price point 0.055 as that was the value of the bid at the time. I could have chosen a higher price if i wanted but just wanted them gone. I could choose limit or market. Since i did not have a large allotment i just chose limit. Questtrade put the order in and 5 seconds later, they sold for 0.055 price I had asked for. The big issue was always whether or not the SEC and IROC would permit it." They did! And I am a much happier camper for it. Good luck!
Comment by
SHOWMEURKITTYS on Feb 23, 2021 2:08pm
SO THEY CANNED THEM in canada?? they still trading in the usa. they never stopped trading in the usa. so books closed for canada att stock?? if i understand correctly
Comment by
Pzzzzzz on Feb 23, 2021 4:50pm
Hello, how exact did you convince SEC? If you could tell your process in more details will be amazing! I am with questrade as well and I journal it to attbf already. I lost 10k on this.... any help will be much appreciated. Thank you !
Comment by
GoodLife60 on Feb 23, 2021 5:50pm
Questrade did all the work. They emailed them around 7am and by noon they were given permission. Just ask for the department that does stock liquidations.
Comment by
Pzzzzzz on Feb 24, 2021 12:48am
Will try that tomorrow . Thank you for the reply!