102707781
commented on a stock · Aug 25, 2023 11:36
$AMC Entertainment (AMC.US)$ sorry to ask, why my AMC qty is...
$AMC Entertainment (AMC.US)$ sorry to ask, why my AMC qty is zero while market value is there, then how am i going sell it as there shown zero qty?
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Yourztrly : Did you have less than 10 shares?
102707781 OP Yourztrly : Yup , less than 10 share
Yourztrly : Okay so the conversion was for every 10 shares it’ll turn into 1. 10-1 conversion
If you had less than 10 instead of rounding up to making it a whole 1 share it will liquidate all fractional shares as cash. Technically you didn’t lose it all but you will see cash or a “spending” amount appear in your portfolio within the next week or so
102707781 OP Yourztrly : I see. Which is mean they help me ‘sold’ out AMC share I hold,right
Yourztrly 102707781 OP : Yeah cause technically it is just a fraction of a share. It’ll disappear from your portfolio after a little while