Broker not selling my shares

Discussion in 'Learn how to trade or invest by asking questions' started by 99point99, Oct 24, 2017.

  1. 99point99

    99point99 New Member

    Hey folks, I recently purchased around 8000 shares in VNCE. The share price is shot up from $0.45 to $4.18 yesterday. Today I logged onto my account to sell those shares and I can't! A message saying:

    We are unable to deal Vince Holding Corp US online. For further information on placing a deal or for a current price please call our dealers on XXX XXXXXX XXX.

    So I called the broker and they said that they can't sell the shares and that I must keep checking periodically over the next few days as the shares are being 'consolidated'. (Apparently today is the 'Payable Date' of their Reverse Stock Split).

    Is this normal?!
     

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