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Any guess on how soon the pre-slit shares will be updated ?
Anyone can call David Lazar and ask him why ? He should know everything and is responsible for what's going on with his clean shell.
Still no update on ETrade & TD Ameritrade & CS...
Fidelity is the BEST !!!
I expect the same.
Misleading post !!! He said total 15 days from when DTC started to finish, not 20 days like you said. NOT 15 MORE DAYS.
Does that mean all pre-split shares will be updated by all brokers by tomorrow ?
Naked Shorting, no doubt. Don't see any other reason.
Still no update on TD Ameritrade and Etrade. Maybe by Monday.
I will answer your comment next year.
My exit strategy (for the shares I bought this year) is by next year to avoid Capital Tax. However, my Dividend shares are safe in my IRA account that I only pay tax whenever I sell & cash out, so DTC can hold them as long as they want to. LOL.
I see $5-$7 by Summer. Mark this post !!!
Being trading for 40 years.
You all forget what you read on top of the message board ?
XMET was created in 2006 as a dividend to trap the Naked Shorting.
Wrong. My 2 brothers are with FIDELITY for over 15 years and both got XMET Dividend shares. Me too, but I got my shares in Etrade and still can't trade.
100% agree with your reasonable comments
Yes we don't know but we can predict correctly based on many factors.
IMHO, XMETD road map is clearly leading to uplisting on a Major Exchange. Mark this post and not to be caught by surprise.
All the Fidelity old XMET shares were ALREADY CONVERTED to new XMETD shares on 1st day of RS so whoever with FIDELITY has been able to SELL/BUY like my brother with his original free DIVIDEND shares. Therefore, there is NO OLD/NEW share ISSUE when you talk about FIDELITY.
Nasdaq listing requirements :
Each company must have a minimum of 1,250,000 publicly traded shares outstanding upon listing, excluding those held by officers, directors, or any beneficial owners of more than 10% of the company. The regular bid price of shares of the company's stock at the time of listing must be at least $4.00.
Nov 26, 2020
Stop guessing but read this from a friend:
Ok talked to the transfer agent . She said the dtcc is going through the files. That is all she said i did not press her. She was off of work and was nice enough to answer my call.
You did not explain it clearly that has caused confusion.
There are NO LONGER pre-RS shares in all Fidelity accounts. They all were converted to NEW shares sincer the 1st RS day and all people with Fidelity were already able to trade their new shares since last week.
No problem with FIDELITY at all. I intend to change my brokers after this experience.
See my previous post. My brother's account is IRA.
My younger brother has a Fidelity account and his dividend shares (since 2006) was updated right on 1st day of RS. Today I asked him to test-sell some shares to see if they go through. The shares went through successfully within a minute. Just FYI.
Link ?
You are holding a GEM. Don't ever DROP it !!! Many are ready to STEAL your GEM. Being here since 2006
???????????????
Nope. That's OLD information since 2006.
Shorts:Time to raise a WHITE FLAG !!!
Oh please keep all my shares until $5 minimum. Thanks.
NASDAQ here we go ==>> $4 min.
To maintain $4 min. in few months to qualify Nasdaq listing, the stock must be trading in $5-$7 range.
Merge with whatever has more potential.
Who cares ? Not related here.
Slow account update due to naked shorted shares mút be covered by 3/19 per SEC's new rules ???
If XMETD turns out to be a REIT stock + Dividend like others REITs, this would be a GEM for all.
It takes 2-3 business days for the brokers to update. Same thing done to TSNP shareholders. Both my TD Ameritrade & Etrade still not updated maybe until Monday.
You wish but you're WRONG dude.
That's BS and you know it.
Based on my intelligence background, this is an old snapshot of Pre-RS when XMET was traded around .015 - .018.
I knew you did and I love it. Because that's what I expect this company to do prior to uplist to Nasdaq. I'm a longterm investor and have a clear picture of what's going on...
NASDAQ listing + Dividend = $10 min.
When XMETD is listed on Big Board that requires the company to file financial report, quarterly report , yearly report, etc... All communications will be through press releases & shareholder meetings...