I've never heard anything like it.
#1
Posted 09 October 2007 - 09:00 AM
#2
Posted 09 October 2007 - 09:14 AM
#3
Posted 09 October 2007 - 09:16 AM
#4
Posted 09 October 2007 - 09:17 AM
#5
Posted 09 October 2007 - 09:57 AM
Remember this day, men, for it will be yours for all time.
#6
Posted 09 October 2007 - 10:17 AM
#7
Posted 09 October 2007 - 10:23 AM
I called them first (Scottrade) before I posted the question. They couldn't give me an answer. Said they would give me a phone number for UMC and I could call them.uhhhh, how about call your broker instead of asking the board?
The shares show in my account. Scottrade also said if I wanted to sell it would have to be done over the phone and not online. They also said it would not be done on a one for one basis.
chris
#8
Posted 09 October 2007 - 10:46 AM
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
#9
Posted 10 October 2007 - 07:08 AM
Mark S Young
Wall Street Sentiment
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#10
Posted 10 October 2007 - 10:10 AM
Yes I've been snookered!Any update on this? I see it down 10% after hours.
Mark
posted as closing up 23.42% yet I lost money on it.
Did some kind of reverse split with a cash payment payout.
Doesn't make any sense to me.
The open price of the stock should have been the previous day's close minus the reduction in this case 3.63 (former closing price) / .697 = 5.21 however it opened at 4.22 closed at 4.48
I feel that when they did the split they forgot to update the prices!
chris