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oilspec, the thing that concerns me the most

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blitz1856   Thursday, 10/11/07 02:08:03 PM
Re: oilspec post# 39510
Post # of 46027 
oilspec, the thing that concerns me the most is if not all brokers will post the converted shares at the same time. It's going to be a crock of BS if say the price is sitting at $3 or $4 and say Etrade or Fidelity customers start dumping shares and the price drops to $2 by the time TDA (just for example) credits their customer's accounts. That scenario will be extremely unfair for some people compared to others, but it wouldn't surprise me. I'm hoping that when it happens it'll be overnight and everyone will have their shares the same morning when the market opens.

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