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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...

Most brokerage websites will accept the paper stocks and put them into your online account.

Your stock certificate should have originally shown the purchase price of the stocks, when you traded them for the new company they will have converted it to the value of their stock and given you more/less stocks to offset the balance.

Once you put them in your online brokerage account they will be at the price that was labeled on the certificate.

You could try and contact your old company to see if they still have your records.
 
Pierre I am said:
Most brokerage websites will accept the paper stocks and put them into your online account.

Your stock certificate should have originally shown the purchase price of the stocks, when you traded them for the new company they will have converted it to the value of their stock and given you more/less stocks to offset the balance.

Once you put them in your online brokerage account they will be at the price that was labeled on the certificate.

You could try and contact your old company to see if they still have your records.
Click to expand...

This is where the pain of my fidelity journey began

They didn't know how to dwac and drs my paper HP stock from ages ago
 
Yakoo752 said:
This is where the pain of my fidelity journey began

They didn't know how to dwac and drs my paper HP stock from ages ago
Click to expand...

I don't think it's simply fidelity. I think most of them will have issues seeing how everything is online nowadays.

Also when did you work at HP?
 
Pierre I am said:
I don't think it's simply fidelity. I think most of them will have issues seeing how everything is online nowadays.

Also when did you work at HP?
Click to expand...

Never. It was a gift. The original owner would have lost all gains to taxes so it was better to gift them. The original owner is still there after 35 years or so of service.
 
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...

How did the stock purchase plan work?
Was it $100/month?
10% of your salary, then used to buy the stock at a 5% discount?
Something else?

You can use those techniques to estimate the cost basis.

At least I sure hope so... I have some ESPP where I have a bunch of records, but maybe not all of them. ESPP has some other weird tax or cost basis thing too if it's done with withheld salary, but I forget what it is.
 
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...

I'd put a call in to Iam's Investor Relations department if I were you. And get things in writing from them.

--------

In general, it's smart to take possession of physical stock certificates when you can - especially for long-term holdings of household-name companies. Of course, the global banking powers are en route to eliminating paper altogether, whether stock or currency. It should still be possible today, but I believe you get charged some obscene fee to take possession of paper stock certificates.

Meanwhile - even physical possession is false security. Whether paper or pixels, you are not the registered owner of your own stocks.

Of course, the majority of you will think this is a total non-issue, but for the growing minority who employ unbiased critical thinking: research the DTCC and Cede & Company. And I mean beyond their respective websites or Wikifuckingpedia. This'll start you down the path

http://www.ifii.com/articles/498930687/who-really-owns-your
 
its going to cost me 75 dollars to get a stock certificate from a company.... my grand parents bought me stock back in like 1990 (when i was 5), and i have a few of the pieces of paper, but not all of them.
 
redruM said:
I'd put a call in to Iam's Investor Relations department if I were you. And get things in writing from them.

--------

In general, it's smart to take possession of physical stock certificates when you can - especially for long-term holdings of household-name companies. Of course, the global banking powers are en route to eliminating paper altogether, whether stock or currency. It should still be possible today, but I believe you get charged some obscene fee to take possession of paper stock certificates.

Meanwhile - even physical possession is false security. Whether paper or pixels, you are not the registered owner of your own stocks.

Of course, the majority of you will think this is a total non-issue, but for the growing minority who employ unbiased critical thinking: research the DTCC and Cede & Company. And I mean beyond their respective websites or Wikifuckingpedia. This'll start you down the path

http://www.ifii.com/articles/498930687/who-really-owns-your
Click to expand...

If you're going to go that far down the rabbit hole and jump to THAT conclusion you're thinking small.

If you're going to post all the tin-foil hat shit and doom and gloom, what's the point in you living on this planet?

The government can take your shit at any time. Money is worthless. The NWO is mind controlling us. Everyone is in debt and is a slave. BLAH BLAH BLAH

You can either live in the world and enjoy it or try to put together all these elaborate conspiracy NWO bullshit and live in a constant state of "OMG WE ARE ALL DOOOOMMMMEEEDDDD!!!" Shit gets old.

And if all this NWO, foreign mind control, super stealth nano-particle AIDS causing, death machine, money laundering evil is real.. "opening your eyes" aint gonna fix it. You're fucked anyway.

redruM I look forward to your next installment of "I read this on the internet, it must be true!"
 
redruM said:
haha - your inaccurate assumptions about me are mildly amusing, along with the contradiction and willful ignorance you display.

take a hike. mike.
Click to expand...

I will not take a hike, the NWO is controlling robot snakes that could bite you.
 
MikeL said:
If you're going to go that far down the rabbit hole and jump to THAT conclusion you're thinking small.

If you're going to post all the tin-foil hat shit and doom and gloom, what's the point in you living on this planet?

The government can take your shit at any time. Money is worthless. The NWO is mind controlling us. Everyone is in debt and is a slave. BLAH BLAH BLAH

You can either live in the world and enjoy it or try to put together all these elaborate conspiracy NWO bullshit and live in a constant state of "OMG WE ARE ALL DOOOOMMMMEEEDDDD!!!" Shit gets old.

And if all this NWO, foreign mind control, super stealth nano-particle AIDS causing, death machine, money laundering evil is real.. "opening your eyes" aint gonna fix it. You're fucked anyway.

redruM I look forward to your next installment of "I read this on the internet, it must be true!"
Click to expand...

I need to buy stock in aluminum manufacturers...
 
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...

:hand Suspicious of an article that shows a graph of some pattern but provides no historical support of that pattern in any previous year of the stock market.
 
mang, hope someone made enuff to buy me a stinkin' beer..
 
Friday sell off, small pull back. We'll see what it does next week.
 
whipsawing the retail market is how the MMs make their big money.
 
We tried to do some business with them. Based on that experience and interaction they are not a company I would invest in. They are very unorganized and disparate. And will be coming under attack from competitive products en masse. Can't see GoPro making the pivot.
 
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