Replies to post #2449 on ChinaCache International Holdings Ltd (fka CCIHY)

[richrichrich]

I don't think that they can liquidate them "before" the actual action takes place on the 5th.....However, if you verbally agree on accepting the conversion, I think they can remove the shares from your ability to "trade" them in any way.....I kind of remember many years ago on a similar offer for some ticker, that as soon as I agreed and I refreshed my Fidelity account page, the shares moved into just a QUSIP number only status....Then several days later they returned to "normal".....Anyway, it was some sort of "rights" offering......