cemadh Posted October 14, 2014 Share Posted October 14, 2014 muscleman - you are fully invested to the point that you do not have even half-a-percent in cash? Even less assuming that FIATY is not 100% of your Fidelity portfolio. That is ...WOW!! No options for FIATY - so you have no puts to hedge your FIATY exposure. Are you always fully invested like this? Just curious. Link to comment Share on other sites More sharing options...
muscleman Posted October 14, 2014 Share Posted October 14, 2014 muscleman - you are fully invested to the point that you do not have even half-a-percent in cash? Even less assuming that FIATY is not 100% of your Fidelity portfolio. That is ...WOW!! No options for FIATY - so you have no puts to hedge your FIATY exposure. Are you always fully invested like this? Just curious. I am 90% invested. I have a checking account that has the cash but it would take 5 business days to transfer to IB. For Fidelity, it is my prior employer's 401k, so there is no way to transfer cash into. I use Ally's checking account, paying 0.6% interest, which is far better than IB, which pays 0 for cash interest, so it does not make sense to put in too much cash. Link to comment Share on other sites More sharing options...
hillfronter83 Posted October 14, 2014 Share Posted October 14, 2014 I got my new shares today in IB. The ADR fee is 0.01/share. Link to comment Share on other sites More sharing options...
muscleman Posted October 14, 2014 Share Posted October 14, 2014 I got my new shares today in IB. The ADR fee is 0.01/share. Are you saying the ADR cancellation fee is 0.01 instead of 0.05? Where did you get that number? Link to comment Share on other sites More sharing options...
hillfronter83 Posted October 15, 2014 Share Posted October 15, 2014 I got my new shares today in IB. The ADR fee is 0.01/share. Are you saying the ADR cancellation fee is 0.01 instead of 0.05? Where did you get that number? I looked at my IB account and it shows an ADR fee for Fiat 0.01/share. Not sure if it's ADR cancellation. But I didn't see any other fees. Link to comment Share on other sites More sharing options...
compoundinglife Posted October 15, 2014 Share Posted October 15, 2014 I got dinged for 4.64 cents a share in my Schwab account. Haven't looked at the others yet. Link to comment Share on other sites More sharing options...
muscleman Posted October 15, 2014 Share Posted October 15, 2014 I got my new shares today in IB. The ADR fee is 0.01/share. Are you saying the ADR cancellation fee is 0.01 instead of 0.05? Where did you get that number? I looked at my IB account and it shows an ADR fee for Fiat 0.01/share. Not sure if it's ADR cancellation. But I didn't see any other fees. Where did you see that? I checked my activity statement but didn't see any fees. Link to comment Share on other sites More sharing options...
wachtwoord Posted October 15, 2014 Share Posted October 15, 2014 I got my new shares today in IB. The ADR fee is 0.01/share. Are you saying the ADR cancellation fee is 0.01 instead of 0.05? Where did you get that number? I also have IB and I couldn't find any fees. Perhaps they will show up tomorrow but as of today they are not on my activity statement (normally ADR fees are on there). Link to comment Share on other sites More sharing options...
sleepydragon Posted October 15, 2014 Share Posted October 15, 2014 I have merrill edge account. they charged me 0.5 cents per share ADR fee in sept 4th, but that is a fee passed through from DB. i think every one shall see this once per year. I got my FCAU today but so far I don't see any cancelation fees or any fees. Link to comment Share on other sites More sharing options...
TwoCitiesCapital Posted October 15, 2014 Share Posted October 15, 2014 I got my FCAU today. Was charged a 0.05/share fee and a $20 reorganization fee by Scottrade. Didnt know about the reorg fee - would've just traded out of it had I know that and waited for the new shares to list had I known about it. Link to comment Share on other sites More sharing options...
hillfronter83 Posted October 15, 2014 Share Posted October 15, 2014 I got my new shares today in IB. The ADR fee is 0.01/share. Are you saying the ADR cancellation fee is 0.01 instead of 0.05? Where did you get that number? I looked at my IB account and it shows an ADR fee for Fiat 0.01/share. Not sure if it's ADR cancellation. But I didn't see any other fees. Where did you see that? I checked my activity statement but didn't see any fees. I looked at my YTD statement. Under Fee, there is a 0.01/share fee charged on 8/5/2014 for FIATY. Maybe it's not cancellation fee. Link to comment Share on other sites More sharing options...
wachtwoord Posted October 15, 2014 Share Posted October 15, 2014 I got my new shares today in IB. The ADR fee is 0.01/share. Are you saying the ADR cancellation fee is 0.01 instead of 0.05? Where did you get that number? I looked at my IB account and it shows an ADR fee for Fiat 0.01/share. Not sure if it's ADR cancellation. But I didn't see any other fees. Where did you see that? I checked my activity statement but didn't see any fees. I looked at my YTD statement. Under Fee, there is a 0.01/share fee charged on 8/5/2014 for FIATY. Maybe it's not cancellation fee. That's the yearly fee they started charging on ADRs of companies that don't pay a dividend (with dividend stocks they withhold it on the dividend). IB send communiques out earlier in the year about this (for ADRs in general). Link to comment Share on other sites More sharing options...
zizou Posted October 15, 2014 Share Posted October 15, 2014 In relation to the NYSE IPO, I'm wondering how liquidity may be picking up for FCAU. I remember reading that Sergio wanted to see 60% traded on NYSE vs 40% in Italy to rate the IPO a success. Last I checked, volume figures still indicated far greater volumes in Milan. Curious if others have been monitoring such liquidity factors... Link to comment Share on other sites More sharing options...
DCG Posted October 16, 2014 Share Posted October 16, 2014 argh..great..Chrysler is recalling over 900,000 vehicles. http://www.cnbc.com/id/102078874?trknav=homestack:topnews:10 Link to comment Share on other sites More sharing options...
karthikpm Posted October 16, 2014 Share Posted October 16, 2014 Could not have timed the listing better :P . I got dinged with $ 0.05 /share for a re-org fee. Link to comment Share on other sites More sharing options...
MYDemaray Posted October 16, 2014 Share Posted October 16, 2014 Slightly off topic, but my friend just recorded the violin background for this: https://www.youtube.com/watch?v=7lcc62nrl9Y Link to comment Share on other sites More sharing options...
merkhet Posted October 16, 2014 Share Posted October 16, 2014 Slightly off topic, but my friend just recorded the violin background for this: https://www.youtube.com/watch?v=7lcc62nrl9Y Hahahah -- nice commercial. Link to comment Share on other sites More sharing options...
investor-man Posted October 16, 2014 Share Posted October 16, 2014 Slightly off topic, but my friend just recorded the violin background for this: https://www.youtube.com/watch?v=7lcc62nrl9Y Hahahah -- nice commercial. That commercial is amazing. What agency was he working with? Link to comment Share on other sites More sharing options...
Palantir Posted October 16, 2014 Share Posted October 16, 2014 Anyone buying at these prices? Link to comment Share on other sites More sharing options...
compounding Posted October 16, 2014 Share Posted October 16, 2014 Slightly off topic, but my friend just recorded the violin background for this: https://www.youtube.com/watch?v=7lcc62nrl9Y Hahahah -- nice commercial. Haha very nice. Liked the violin as well. Link to comment Share on other sites More sharing options...
brker_guy Posted October 17, 2014 Share Posted October 17, 2014 Some Sammy Hagar & Ferrari news. :D https://autos.yahoo.com/blogs/motoramic/sammy-hagar-s-quest-for-a-laferrari--step-1--off-to-maranello-163825931.html Link to comment Share on other sites More sharing options...
MYDemaray Posted October 17, 2014 Share Posted October 17, 2014 Slightly off topic, but my friend just recorded the violin background for this: https://www.youtube.com/watch?v=7lcc62nrl9Y Hahahah -- nice commercial. That commercial is amazing. What agency was he working with? Not sure, I'll ask her Link to comment Share on other sites More sharing options...
peter1234 Posted October 22, 2014 Share Posted October 22, 2014 Fiat’s Wall Street Shift Starts Flat as Milan Dominates http://www.bloomberg.com/news/2014-10-22/fiat-s-wall-street-shift-starts-flat-as-milan-dominates.html Link to comment Share on other sites More sharing options...
investor-man Posted October 22, 2014 Share Posted October 22, 2014 Anyone seen that Fiat advertisement listed above on television yet? I'm curious where it's meant to be aired. Link to comment Share on other sites More sharing options...
fareastwarriors Posted October 23, 2014 Share Posted October 23, 2014 Dodge’s $60,000 Challenger Hellcat Screams Detroit Metal http://www.bloomberg.com/news/2014-10-22/dodge-s-60-000-challenger-hellcat-screams-detroit-metal.html Link to comment Share on other sites More sharing options...
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