I tried a while back to transfer my shares and DRS. I bought shares on an apps before realizing it was a bad idea. They said it would cost over half what my shares were worth to transfer. I am a single father of 2 and do not have much extra, so I basically just figured I was screwed and I have ignored the shares. I'm looking now and seeing how much shares are and thought I might be able to afford a couple extra shares for myself for Christmas. I wanted to just buy directly from computershare, so I don't have to deal with transferring and whatnot, but I couldn't figure out how to create an account and buy shares on CS. I do not invest, other than the couple shares I bought of GME. ELI5? I just wanted to throw down for a couple more shares, I know it's not much, just what I can do to help lol
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What would it cost to just sell your shares and get the cash? You can do that and just call computershare and open an account, send them a check and have them repurchase your shares. You might gain or lose a little depending on when the price of shares when you sell and rebuy. There was also talk on superstonk of transferring to a certain bank and then transferring over to Computershare and there was no charge, I don’t remember the name of that bank, but I think someone else might know. I’m still holding and mine are drs’d in Computershare.
I did try transferring and it wasn't the investor that was going to charge me, it was WeBull, the app I have them in. That's why I'm just ignoring the shares. He did offer me to sell and repurchase. I just figured it would be easier to purchase a couple on CS and leave the others in the infinity pool. Thank you!
The infinity pool is computershare. They (webull or any other broker) WILL force sell your shares at a low cost if moass happens. Gtfo of brokers
Gotcha, definitely screwed. I guess my best bet is to sell and repurchase. Thank you!