Back in 2016 or so I bought 115 shares of a stock that I wanted to hold on to. It's in a brokerage that I only check a few times a year, it's the only stock I have with that brokerage, and I paid cash, not using margin (as far as I can remember). I checked on it today, and it looks like back in January they issued a 1:150 reverse split on the stock that I'm holding.
To my understanding, I should have been cashed out since I had less shares than the reverse split was issued for, but instead I've still got 1 stock, valued at $25. I also have a big red notification when I log in and view the portfolio stating “Open Calls: The minimum cash deposit needed at this time to satisfy your issued call is $0.00″. Underneath, it lists:
Call type: cash call
Issued amount: 0$
Due date: —
Current amount: $-37.93
The portfolio's Total Unrealized Gain is $-37.93, and Net Account Value is $-12.93. I imagine this means I somehow owe my brokerage money, since I should only own .76% of a stock (115/150) yet my portfolio shows me owing 1 stock. Is this the case? Can I continue holding the stock like this, or do I need to pay the broker the difference between what I held vs what I have now? I'm happy to share a screenshot if that will help clear anything up. I figured I'd post here rather than waiting on hold for 60+ minutes with my brokerage, so thanks in advance to anyone reading.
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