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Message: Re: fraction problem
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Feb 26, 2022 07:41PM
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Feb 26, 2022 09:14PM
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Feb 26, 2022 10:30PM
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Feb 26, 2022 10:40PM
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Feb 26, 2022 11:22PM
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Feb 27, 2022 01:35PM

It took one day for my Fidelity account to settle down and two days for Merrill, but now that they're both done I noticed something interesting. While my total number of shares in each account was an even multiple of ten there were some individual lots that were odd numbers shares and I thought I was going to lose a few shares during the consolidation. For example on Merrill I had two odd lots that were 955 shares and 45 shares pre-consolidation, so I thought I was going to lose a total of one post-consolidation share due to one lot being rounded to 95 and the other to 4. This is what happened instead, and something similar happened to a couple of odd lots at Fidelity as well. So apparently even though POET wasn't offering fractional shares both of my brokerages did and I didn't lose a single share. Yay! I wasn't exactly going to cry over $6.60 but I'm certainly happy to see I got to keep it!

 

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Mar 02, 2022 09:29AM
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Mar 02, 2022 09:44AM
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