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XOM almost back to par, but I can't trade?
#1

Our XOM stock is underwater and I can't even sell it because it isn't showing up in my Fidelity account yet. Just IOC in some weird state of stasis. Guess I could call Fidelity, but even if they could sell for me, I would not have the flexibilty in timing my transaction that I get online.

I never dissented, btw, just voted no.

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#2
same. MIC may have the answer as far as timing of the release of funds, or it simply takes the brokerage time to dispose of IOC (more quickly than it took MH I hope) and get the XOM stock into the accounts.
Just when I thought I was Out....They Pull Me Back In! -Michael Corleone about the mob and Weasel about investing in IOC
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#3

'AU74' pid='79631' dateline='<a href="tel:1487868 Wrote:

Our XOM stock is underwater and I can't even sell it because it isn't showing up in my Fidelity account yet. Just IOC in some weird state of stasis. Guess I could call Fidelity, but even if they could sell for me, I would not have the flexibilty in timing my transaction that I get online.

I never dissented, btw, just voted no.

If the number of shares is 0.5459 XOM shares per IOC share.  Then we need XOM to rise to 82.43 to get our "$45.00" per share out of this deal.

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#4

'Kaliboo' pid='79634' dateline='<a href="tel:1487870 Wrote:

'AU74' pid='79631' dateline='<a href="tel:1487868 Wrote:

Our XOM stock is underwater and I can't even sell it because it isn't showing up in my Fidelity account yet. Just IOC in some weird state of stasis. Guess I could call Fidelity, but even if they could sell for me, I would not have the flexibilty in timing my transaction that I get online.

I never dissented, btw, just voted no.

If the number of shares is 0.5459 XOM shares per IOC share.  Then we need XOM to rise to 82.43 to get our "$45.00" per share out of this deal.

XOM shares are rising today.  Must be due to the steal of a deal they got in PNG!  Look for a 40% rise.  Maybe we will "share in the success in PNG" afterall.  LOL.

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#5

Given the 40+ P/E that XOM has right now, which direction is the PPS movement pressure?

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#6

'Kaliboo' pid='79634' datel Wrote:

'AU74' pid='79631' dateline='<a href="tel:1487868 Wrote:

Our XOM stock is underwater and I can't even sell it because it isn't showing up in my Fidelity account yet. Just IOC in some weird state of stasis. Guess I could call Fidelity, but even if they could sell for me, I would not have the flexibilty in timing my transaction that I get online.

I never dissented, btw, just voted no.

If the number of shares is 0.5459 XOM shares per IOC share.  Then we need XOM to rise to 82.43 to get our "$45.00" per share out of this deal.

And JTF needs $164.86 (less XOM dividends and the CRP) to get to his $90 he said he would get by dissenting. Smile

"And maybe someday we will find , that it wasn't really wasted time"
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#7
At 12:25 pm, we could have sold for 44.88 per IOC share if we weren't locked out. One more potential grievance for class action, I guess.
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#8

'Kaliboo' pid='79635' dateline='<a href="tel:1487871 Wrote:

'Kaliboo' pid='79634' dateline='<a href="tel:1487870 Wrote:

'AU74' pid='79631' dateline='<a href="tel:1487868 Wrote:

Our XOM stock is underwater and I can't even sell it because it isn't showing up in my Fidelity account yet. Just IOC in some weird state of stasis. Guess I could call Fidelity, but even if they could sell for me, I would not have the flexibilty in timing my transaction that I get online.

I never dissented, btw, just voted no.

If the number of shares is 0.5459 XOM shares per IOC share.  Then we need XOM to rise to 82.43 to get our "$45.00" per share out of this deal.

XOM shares are rising today.  Must be due to the steal of a deal they got in PNG!  Look for a 40% rise.  Maybe we will "share in the success in PNG" afterall.  LOL.

XOM up 1.05% today!  Only 38.95% more and we'll be happier, CRP or not.

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#9
The correct number of XOM shares and the CRP are in my Fidelity Account.

The CRP is designated as: 460ESC890 - INTERSTATE GENERAL LP UNIT LTD PARTNERSHIP NEW       

IOC Shares are still shown in my RBC Account.
SAD and not good.
Drivel Maven with Personality
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#10

My IOC shares are also correctly converted in 3 different Fidelity accounts.  This was done at no cost to me.  My IOC shares at TDAmeritrade are also converted into the XOM shares and the CRP placeholder however TDA charged me a $38 fee for this "mandatory reorg fee" in both accounts.  This is the 5th instance where one of my holdings at TDA has either merged, been taken over or did a corporate name change in the last 12 months and TDA gets the $38 each time.

Not anymore, this is the last time as I will be moving all my TDA accounts to Fidelity after I get this months statement.

Just curious what everyone else is seeing from their brokerage firms on this as far as occurring cost for the buyout and share exchange.

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