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From: Comcast Usenet on 28 Jun 2008 13:21
Solution.....Did a ShtSellX on the 0.646 shares, and the share balance
was brought down to 0.00, closure.

Don't understand why a short sell would do this, but the math seems to
work. Anybody have any insights in why this worked, appreciate a reply.

Cheers,
Jim


jimlarkey_REMOVETHIS_(a)voyager.net says...
> 27 years of record keeping of my Wendys stock, q'ly dividends, splits, and
> spin-offs boils down to the following Q08 advisory that blocks me from the
> sale of the last fraction share (0.646 shares) by the transfer
> company.............
> "You should use two transactions: one to remove the shares you hold and one
> to create your short position"
>
> I've tried removal, sale, etc, but the above message pops up and prevents
> the transaction.
> Any thoughts on what might be the problem?
>
> The WEN ledger probably is mucked up (it dates back to Quicken-DOS) and
> shows a cost basis of $213 and a loss of $195 for the fractional share.
> Current quotes for WEN around $28/share.
>
> So, any thoughts/ideas on how to get rid of the fractional shares on the
> ledger, and close out the security?
>
> Thanks in advance.
> Cheers,
> Jim
>
>
>
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