Thread regarding VMware layoffs

VMW Shares - Sellable?

Half of what I elected to be AVGO shares are now sellable as VMW shares ... anyone else seeing this in their etrade account?

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| 2101 views | | 9 replies (last November 27, 2023) | Reply
Post ID: @OP+1pNDW5qT

9 replies (most recent on top)

90% of my balance (that vested long ago and that I SOLD long ago) disappeared from etrade. instead of $100k in my brokerage account. I only see $10k. WTF?

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Post ID: @qdp+1pNDW5qT

Zero since last week. This is annoying!

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Post ID: @iar+1pNDW5qT

Mine shows -21,0000. And i had positive 42000 before and am converting all the stock. Ugh

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Post ID: @nni+1pNDW5qT

Also zero here; I think the negative values are showing for people who had vested or ESPP shares. I've always exercised immediately on vest.

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Post ID: @zhd+1pNDW5qT

Mine is still showing zero’s across the board

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Post ID: @xqo+1pNDW5qT

It's literally early AM est, Monday after Thanksgiving.

Give systems time to settle it all out. Bloody he-l.

It's actually very easy to see what's going on. The cash / stock split is reflective in cash showing in other holdings. The loss showing is the monetary amount equiv that will be converted to BC stock which is adding up to the current level of vmw shares showing until they convert.

It's not difficult to grasp.

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Post ID: @wmf+1pNDW5qT

I called ETrade this morning. They confirmed they have a database issue… fixing now.

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Post ID: @xhr+1pNDW5qT

It shows that I now owe E*trade almost $2,000

I haven’t touched a thing

This is such a disaster

Nothin QTY wise of AVGO that is visible from conversions, etc. All zeroes.

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Post ID: @mje+1pNDW5qT

Same here

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Post ID: @ems+1pNDW5qT

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