InvestorsHub Logo
Followers 164
Posts 23584
Boards Moderated 1
Alias Born 01/12/2004

Re: oceansorcas post# 33939

Wednesday, 08/09/2006 7:16:20 AM

Wednesday, August 09, 2006 7:16:20 AM

Post# of 169274
It is my understanding you are correct. Until 10k, merger is not complete. Therefore we trade as normal under new symbol. I really feel Rufus should have done a share count with DTC and announced it with the current Cusip change. I doubt that is going on behind the scene, but would force the shorts to cover.

I don't know if a 10K major news announcement of a merger can allow them to halt the stock and reprice or not? That is a department in my 6 years of trading I am not sure of.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.