Re: Selling stocks
To add to what Basalle said, your stocks in your Ameritrade account are held in street name (meaning, the brokerage has the certificates for them). If you close the account, you can transfer the securities in-kind to another brokerage firm or you can have the certificates printed up and sent to you.
If you choose the certificates, you can then open another brokerage account and give them your certificates. Or, you could possibly open a DRIP account with the company who's shares you own.
Hope this was helpful.
|