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work-n-hard

01/09/19 1:19 PM

#50162 RE: rmontoya #50161

It will simply convert to the new PPS, less shares worth the same amount. (Total Value)
The trick is, after midnight, your shares will be locked down and you will not be able to trade them again, until they are settled, which may take up to 20 days.
So, the trick is, to figure out what you think the PPS will be when they are finally released.
Historically, in Pinky Land, they may well get some catalyst that will spike them upwards and while new buyers cash out their profits, it often settles down below where it started at, post R/S.
AJMO
Disclosure: I'll one of those "new buyers" (again) if it works out as I suspect.

Dennisb68

01/09/19 3:17 PM

#50172 RE: rmontoya #50161

It means that if you have 100 shares today you will have 5 shares after the RS.