InvestorsHub Logo
Followers 12
Posts 321
Boards Moderated 0
Alias Born 09/07/2016

Re: ScottAllen post# 27742

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

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

Post# of 108590
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

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.