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Buy Gpro now!

I love my fidelity account. I've never had any issues with transfering my funds.

I think the issue is they have to protect themselves from what they view as sketchy activity lol. If you haven't used an account for a long period of time they want to make sure you're the actual recipient. It probably would have been easier if you had gone to a branch in person.
 
So I didn't time the gpro bottom perfectly, but 10% fall seen together with what the rest of the market is doing is not awful.
 
Pierre I am said:
It probably would have been easier if you had gone to a branch in person.
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I wish this were true. We've been in and out of the branch (Mountain View/San Antonio) about 4 times to clear up the due bills issue. We're likely taking a loss because Fidelity can't figure out how to process the due bills managed by Wells Fargo. Not a huge loss and I get to write it off but still...

Here is the scenario

Stock A was split into Stock B and Stock C

Whoever owned stock A was granted 1 share of B and 1 share of C per A at close.

In premarket the following day the fidelity account showed accurate B but I had a float of C. I sold all of B straight up and sold C with due bills. I show a negative value associated with my C shares. This should resolve itself once Fidelity receives the C shares from Wells Fargo (they managed the securities transfer at split).

Fidelity can't figure out how to get them from Wells Fargo and no one can advise how to clear this up. Wells Fargo can't help since the stock wasn't DRS at time of split (Fidelity's mistake). Fidelity can't help since their DWAC took too long.

and I'm stuck in limbo. The only way for me to resolve this is to buy the shares on the open market to balance the account or cross my fingers and hope everyone sorts this out. It's only been a month :x
 
While everyone is chasing the glamor tech stocks the Clorox's and the AutoZones's keep climbing.
 
Yakoo752 said:
I wish this were true. We've been in and out of the branch (Mountain View/San Antonio) about 4 times to clear up the due bills issue. We're likely taking a loss because Fidelity can't figure out how to process the due bills managed by Wells Fargo. Not a huge loss and I get to write it off but still...

Here is the scenario

Stock A was split into Stock B and Stock C

Whoever owned stock A was granted 1 share of B and 1 share of C per A at close.

In premarket the following day the fidelity account showed accurate B but I had a float of C. I sold all of B straight up and sold C with due bills. I show a negative value associated with my C shares. This should resolve itself once Fidelity receives the C shares from Wells Fargo (they managed the securities transfer at split).

Fidelity can't figure out how to get them from Wells Fargo and no one can advise how to clear this up. Wells Fargo can't help since the stock wasn't DRS at time of split (Fidelity's mistake). Fidelity can't help since their DWAC took too long.

and I'm stuck in limbo. The only way for me to resolve this is to buy the shares on the open market to balance the account or cross my fingers and hope everyone sorts this out. It's only been a month :x
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Shitty. Hope they figure it out soon.
 
if you think a action camera sports company is a long term investment think again

nothing is long term unless its oil, medical pharmaceutical, energy, insurance, military defense

anything else, the world can live without, anything not owned by a giant corporation usually does not have a very long term plan

you do have exceptions like apple a tech company who really has not invented anything in the past 10 years other then the portable ipod music player, yet the world still values their stock 10000000% more then what they are actually worth.

i place apple, gopro, netflix in the overinflated retarded tech spots, who think they are actually inventing or creating new tech.

Funny how gopro can crash what 100-200-300% just because their single main camera supplier posts negative news - LOL
 
FXCLM5 said:
if you think a action camera sports company is a long term investment think again

nothing is long term unless its oil, medical pharmaceutical, energy, insurance, military defense

anything else, the world can live without, anything not owned by a giant corporation usually does not have a very long term plan

you do have exceptions like apple a tech company who really has not invented anything in the past 10 years other then the portable ipod music player, yet the world still values their stock 10000000% more then what they are actually worth.

i place apple, gopro, netflix in the overinflated retarded tech spots, who think they are actually inventing or creating new tech.

Funny how gopro can crash what 100-200-300% just because their single main camera supplier posts negative news - LOL
Click to expand...


534684da253d0c020285f588fa1c0294.jpg
 
redruM said:
On 10/16/14:

DJIA: 16,321
GPRO: $75/share
Crude Oil: $80/barrel

Today:

DJIA: 17660
GPRO: $18/share
Crude Oil: $38/barrel


No offense, but... yikes.

Like I've said a few dozen times in here -- logic, reason, common sense and fair play disconnected from the equity markets and global economy in general a looong time ago.
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I like to play with correlations, too. wireless was up big, then wavered just prior to the '08 crash, which wireless had nothing to do with, but the waver was there. I saw it, and knew something was going to happen. and it did.
market movement as part of a broader natural landscape. like green mountains.
 
Yakoo752 said:
I wish this were true. We've been in and out of the branch (Mountain View/San Antonio) about 4 times to clear up the due bills issue. We're likely taking a loss because Fidelity can't figure out how to process the due bills managed by Wells Fargo. Not a huge loss and I get to write it off but still...

Here is the scenario

Stock A was split into Stock B and Stock C

Whoever owned stock A was granted 1 share of B and 1 share of C per A at close.

In premarket the following day the fidelity account showed accurate B but I had a float of C. I sold all of B straight up and sold C with due bills. I show a negative value associated with my C shares. This should resolve itself once Fidelity receives the C shares from Wells Fargo (they managed the securities transfer at split).

Fidelity can't figure out how to get them from Wells Fargo and no one can advise how to clear this up. Wells Fargo can't help since the stock wasn't DRS at time of split (Fidelity's mistake). Fidelity can't help since their DWAC took too long.

and I'm stuck in limbo. The only way for me to resolve this is to buy the shares on the open market to balance the account or cross my fingers and hope everyone sorts this out. It's only been a month :x
Click to expand...

Fidelity is usually pretty good with this stuff, but they do preach buy and hold their funds, so maybe they're fcking with you for minute for being a player. I dunno. GL
 
Stock advice

Since we seem to have some stock savy people on this thread, i will ask here instead of starting a new thread. Here is my situation..

I used to work for a company called novellus systems and participated in their stock purchase plan. I opted to receive the paper stock certificate so i can find them in my attic 50 years later and become a millionaire suddenly. Well, they get bought out by lam research and novellus no longer exists. I just sent in my certificates to get lam stock and all is good, but when it comes time to sell, i have no records. I have no idea when i bought them or how much i paid. Again, i have noooo idea. What do i do when its time to sell? I wont have a clue what my gain truely is.
 
NorCalAthlete said:
Anyone see this?

http://www.thestreet.com/story/1338...begin-a-70-decline-in-the-next-few-weeks.html

Friend just posted it on bookface.
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Doom and gloom articles are nothing new. throughout the year every year you could find someone preaching a crash is near with graphs to support.
The market is always in balance between the bulls and bears.

Does Ken Goldberg have a strong track record of predicting market moves? I've never heard of him but of course that doesn't mean much. I'm betting the market won't be down 70% in the next 3 weeks. If it is I'm gonna jump out a window.
 
9integra2 said:
Since we seem to have some stock savy people on this thread, i will ask here instead of starting a new thread. Here is my situation..

I used to work for a company called novellus systems and participated in their stock purchase plan. I opted to receive the paper stock certificate so i can find them in my attic 50 years later and become a millionaire suddenly. Well, they get bought out by lam research and novellus no longer exists. I just sent in my certificates to get lam stock and all is good, but when it comes time to sell, i have no records. I have no idea when i bought them or how much i paid. Again, i have noooo idea. What do i do when its time to sell? I wont have a clue what my gain truely is.
Click to expand...

Not a tax guy but

You'll have to estimate your gain and pay taxes accordingly.
 
Blankpage said:
Doom and gloom articles are nothing new. throughout the year every year you could find someone preaching a crash is near with graphs to support.
The market is always in balance between the bulls and bears.

Does Ken Goldberg have a strong track record of predicting market moves? I've never heard of him but of course that doesn't mean much. I'm betting the market won't be down 70% in the next 3 weeks. If it is I'm gonna jump out a window.
Click to expand...

How very 1930s of you!

The "logic" in that piece is such a croc of shit.
 
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