Followers | 53 |
Posts | 3489 |
Boards Moderated | 0 |
Alias Born | 02/05/2014 |
Monday, June 22, 2015 8:51:29 AM
It does not have to be that way. I was holding MetroPCS in an E-Trade account then they did the merger with T-Mobile, and the merger involved a split. For one day, the ticker was frozen while the old shares were tabulated and new shares were redistributed. The new shares were available to everyone, including E-Trade customers, at opening bell the next day.
So, it is possible for fair dealings to happen during a split. However, the share issuing corporation (in this case, Strategic Global Investments, Inc.) wants current shareholders to get wiped out as much as possible else they would not allow the split to happen in the manner that they are.
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM