InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,427.13
(
-2.31%
)
US TECH 100
18,535.20
(
0.00%
)
Dow Jones
39,853.87
(
-1.25%
)
Brent Oil
80.31
(
-0.53%
)
Bitcoin
64,269.05
(
-1.69%
)
Post# of 157299
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

ken w

Send PM Follow Ignore
Followers 2
Posts 866
Boards Moderated 0
Alias Born 09/21/2005

ken w

Re: WarpCore61 post# 104699

Monday, 06/23/2008 5:51:21 PM

Monday, June 23, 2008 5:51:21 PM

Post# of 157299
Warp, seems to me that if there is a 1:1 share swap, the shares will only go to shareholders of record, regardless of what the brokerages did with loaning out shares to shorts. The brokerage houses must make good the shares owned by a shareholder of record. If this is done, the FTD shorts will be left with worthless GTEM shares that they can't trade after the swap and symbol change. I don't see the complexity in this type of transaction, but I admit I am a novice in the trading world. What am I missing? TIA

GO COWBOYS

Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next
Join InvestorsHub

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.

Sign Up