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matrix

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matrix

Re: Dimension post# 67582

Friday, 04/20/2007 7:29:17 AM

Friday, April 20, 2007 7:29:17 AM

Post# of 159752
A company can r/s validly issued stock. They cannot do it on fake stock. They can however replace the fake w/ real first then do the r/s.

When a r/s occurs, the stock is assigned a new CUSIP. The old cert then represents the right to exchange for a new cert w/ the share amount split adjusted. If your holdings went to zero, the TA won't issue a new cert.




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"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful."
-- Warren Buffett

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