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Re: ScottAllen post# 27742

Monday, 11/21/2016 2:50:48 AM

Monday, November 21, 2016 2:50:48 AM

Post# of 108598
What is a when-issue stock? The "v" symbol - the 5th letter symbol on SPCL ticker

A when-issued stock has yet to see the light of day. The official day of issuance is a few business days off, and for a brief period you can trade in shares without being able to settle for a profit or a loss. It's common for treasury bonds to trade on a when-issued basis, as speculators guess at the rise or fall of the bonds on the day they actually come up for auction. With stocks, when-issued trading only takes place when there is widespread interest and demand for the stock.



the official day of issuance is a few business days off

http://finance.zacks.com/meaning-v-after-ticker-symbol-11331.html

https://www.nasdaqtrader.com/content/technicalsupport/specifications/dataproducts/nasdaqfifthcharactersuffixlist.pdf

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=126680096

$SPCL/Pixelmags

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