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Replies to post #27742 on Solaris Power Cells Inc (fka SPCL)
phofasho
11/21/16 1:42 AM
#27745 RE: ScottAllen #27742
11/21/16 2:50 AM
#27747 RE: ScottAllen #27742
A when-issued stock has yet to see the light of day. The official day of issuance is a few business days off, and for a brief period you can trade in shares without being able to settle for a profit or a loss. It's common for treasury bonds to trade on a when-issued basis, as speculators guess at the rise or fall of the bonds on the day they actually come up for auction. With stocks, when-issued trading only takes place when there is widespread interest and demand for the stock.
penny_hunter_
11/21/16 3:03 AM
#27750 RE: ScottAllen #27742