Friday, May 27, 2022 3:36:49 PM
lol - I might can help a tad.
I cannot explain it in technical terms, but I can say this.
Occasionally, those companies who no longer have symbols become symbols again. I believe the company (or company officers) have to make the request through FINRA.
I have 4 of them in my account right now. I could have my broker clear them out for tax loss purposes, but then I would lose out in the ultra-rare event that they come back.
So I think the company (or shell?) still exists even without having a ticker.
Thinking maybe the SEC has to do something to make it "all dead" -- verses "mostly dead".
I cannot explain it in technical terms, but I can say this.
Occasionally, those companies who no longer have symbols become symbols again. I believe the company (or company officers) have to make the request through FINRA.
I have 4 of them in my account right now. I could have my broker clear them out for tax loss purposes, but then I would lose out in the ultra-rare event that they come back.
So I think the company (or shell?) still exists even without having a ticker.
Thinking maybe the SEC has to do something to make it "all dead" -- verses "mostly dead".
GodBless-NoDoubt
creede
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