Just got a notice an hour ago from Schwab indicating that TEVA is calling all of it’s oustanding securities. I’m not sure what the schedule is but Schwab indicated that the money would be in my account by yesterday but it hasn’t happened yet.
It’s odd. My wife got the notification for her Schwab account but I did not get one for mine. And nothing from TDAmeritrade. Makes me think it is some kind of funny business. Don’t click on anything in the emails.
I called Schwab at the number listed. It was the fixed income desk. He told me the message was sent in error and to ignore it. Sorry for the false alarm.
Yep, “called” language sounded like bonds to me as well, not concerning the stock. I knew it was still trading just fine and I knew there wasn’t news on it. Remember: Buffett still owns over 42 million shares of this company.
TEVA is likely either in a 5-wave sideways wave 2 or the very early stages of a wave 3 advance higher. Either way, it’s next major surge should be higher.
Thanks Sean. I should have known it was flaky because the wording made it sound like it was a preferred stock, which it obviously is not. My only excuse is sleep deprivation. I woke up at 2:00 this morning and couldn’t go back to sleep.
