InvestorsHub Logo
Followers 0
Posts 40
Boards Moderated 0
Alias Born 06/13/2012

Re: None

Friday, 06/29/2012 12:46:57 PM

Friday, June 29, 2012 12:46:57 PM

Post# of 37236
Interesting how nobody has mentioned what will happen Monday with the forward split. BDPS has failed to disclose what will occur when the stock splits and you are *rewarded* with an extra free share. Well, the price will divide by 2 to adjust for the extra share, they are not really going to give you a free share. The split has to be accounted for and will be based on today's close. Also, depending on who you ask, you may not be able to trade that extra share on Monday or in the near future, meaning when your account is credited with the free share the pps will already have adjusted and be much much lower than today's, Monday's and probably Tuesdays price. IMO I would def sell today and get out before this travesty hits Monday and everyone still holding is completely dumbfounded and puzzled why all these corrections were made.

Good luck to all traders.

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.