The Friendly Money Making Board

[Shepo69]

No. what I mean is.. if you hold PMCL through the name an cusip change, then new shares are deposited into your account to replace the old ones . I heard you cant trade those for the 3 day period. Thus if there is a run, you may not be able to sell for an profit if it comes back down before the 3 day period. Where as if you wait and by the shares of the new symbol, then you can trade as usuall.

Just what I heard.. So am thinking of waiting now until the Name and CUSIP change occurs. I am thinking others may do the same, thus we may see some more down side action..