Another thing that could have happened is that the broker saw:
SLTD -> SUNW SLTWW -> SUNWW
And that confused him (what are the odds!) - especially if he didn't realize that they were for the same stock (regular shares vs. warrants in the latter case).
I do agree that RGSE is cheap - they are in multiple States (including Hawaii). Their stock did spike today (loose lips . . .?)
And lastly, Jim did joke that he wants to learn how to surf in Hawaii - or similar - like you mentioned
I worked in corporate actions for ~4 years. He is probably referring to the other security identifiers changing as well. A merger would be announced long before he would see anything about a ticker change. I bet he saw the ISIN, CUSIP, SEDOL, etc changing as well.
Market Data 
Markets 
AI
