Romana Food Brands Corp (RFBC)

[renoldman]

I am pretty sure that old shareholders are not allowed to sell stocks with a "D" added because of previous debacles.

I remember when Scottrade (I believe) allowed someone to place an order on a stock that did a 1,000 to 1 split and Scottrade allowed them to sell it at a pre-split number of shares.

I remember the message board being filled with traders saying that Scottrade was phoning them personally trying to hash a deal.

It's because of situations like that, that many brokers do not allow orders to go through.

I had a broker that let me sell shares in a "D" stock, but that was to keep me happy and retain my business. I know my account actually did said say, 40,000 ABC shares and -2,000 ABCD shares in the interim until the split was formalized.