Quote:
Originally Posted by 1ntCobra
I don't own any CSBI, but I went to one of my TD Ameritrade accounts and it looks like it will let me put in a buy order. I got as far as reviewing the order, but did not hit send to see if it would actually go through. So perhaps Schwab will not let you buy it, but others will.
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It is possible that the restriction is a Schwab policy and that TD Ameritrade has a different corporate policy on delisted shares. It would be odd though since TD is now owned by Schwab.
In any case, I took the loss on the books today. Sold 1900 @ .0011 for a whopping 2.09. Schwab apparently "absorbs" 0-value shares even if they can't find a buyer so the sell is official for tax purposes.