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Need to sell stock. Do I have to convert my shares to Class A?
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<blockquote data-quote="Guppy23" data-source="post: 988417" data-attributes="member: 37136"><p>I'm getting out of debt on the Dave Ramsey Plan. So I'm going to sell some my shares. Been reading a bit on the process here on the forums. Must I convert my Class B shares of UPS to Class A shares to sell them? Also is there any advantages to keeping them Class B? I thought I read somewhere on here that I didn't need to convert but I can't find the thread now. Now I have always thought that you only need to convert when you want to transfers your stocks to your normal brokerage account. Also do I have to fill out that "stock pre-clearance form" if I'm am but a lowly, feeder driver downing in some debt? Not one of those hotshot management types. Well great gurus of the Brown Café what do you think?? The first one to say "GOOGLE IS MY FRIEND" I'm going to punch you in your EYE-BALL!</p></blockquote><p></p>
[QUOTE="Guppy23, post: 988417, member: 37136"] I'm getting out of debt on the Dave Ramsey Plan. So I'm going to sell some my shares. Been reading a bit on the process here on the forums. Must I convert my Class B shares of UPS to Class A shares to sell them? Also is there any advantages to keeping them Class B? I thought I read somewhere on here that I didn't need to convert but I can't find the thread now. Now I have always thought that you only need to convert when you want to transfers your stocks to your normal brokerage account. Also do I have to fill out that "stock pre-clearance form" if I'm am but a lowly, feeder driver downing in some debt? Not one of those hotshot management types. Well great gurus of the Brown Café what do you think?? The first one to say "GOOGLE IS MY FRIEND" I'm going to punch you in your EYE-BALL! [/QUOTE]
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Need to sell stock. Do I have to convert my shares to Class A?
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