XM stock, what do I do now?

Question

I have some shares of XMSR. I own them on a Scottrade account. What am I supposed to do now? Will I just automatically recieve shares of sirius stock?

Answer 1

scottrade is c**p....and you own them now, the most you will recieve is a paper document saying so, i started with zecco.....still use it, still very happy. only ones with no fee for stock trades, and no minumums.  it took me some time to see that most of my gains were lost to the fees i paid to actually buy stock and sell it....all the others will charge you fees for trading, but compare and see for yourself!

http://friends.zecco.com/r/a7a2877caab81...

Answer 2

The stock will be re-evaluated and your shares intact.