InvestorsHub Logo
Followers 50
Posts 2994
Boards Moderated 0
Alias Born 02/19/2007

Re: Altec post# 14707

Monday, 06/13/2011 8:38:10 AM

Monday, June 13, 2011 8:38:10 AM

Post# of 94541
Name change would be no big deal with regard to trading current shares,

However, A symbol change would require a new Cusip number...it could have an adverse effect on your ability to trade your OPMG shares until DTCC settles all trades to get a true count of OS..usually 3 days

new symbol could be traded as brokerages make the conversion from old symbol to new in your accts.... or if company sells new symbol shares into open market

I got shut out of trading my shares a couple of times in the past...watched the company dilute new shares and SP go down and I couldn't sell until mine were converted into new symbol

I used Scottrade at the time..may be different for other brokerages


Theoretical physics can prove an elephant can hang from a cliff with its tail tied to a daisy, but use your eyes -- your common sense ----
please DD before you buy or sell
Jimstr