Thursday, November 18, 2010 12:21:22 PM
Had a LIMIT SELL order IN @ .0001 marked "GTC" (Good Till Cancelled) for my 3.8 mill. shares.
It had been sitting there for about 4 -5 days. I called TDAmeritrade to find out how many shares were sitting IN the "cue" ahead of MY order. I was told "57 million".
I thought "oh great...well I'll just sit and have to wait then".
I look up today and my GTC order had BEEN CANCELLED...I was pissed because that meant I had to "go to the back of the line".
Well I just got off the phone with TDAmeritrade ABOUT this and was told that THEY FINALLY got word FROM the T/A about this R/S.
They cancelled all orders as we all NOW hold "old shares"...The share reduction IS coming. Just don't know WHEN. Broker states it usually happens 5 - 7 days FROM the broker recieving directions FROM the T/A ( so from yesterday ).
So.... TTDZ gets a "D" added to the symbol and won't trade again until AFTER the R/S is done.
Posted this just in case some did not know....
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