Replies to post #236 on Five and Under

[Patsy]

Hi, there is always mis-information on these stock splits.
You can trade the shares even though they haven't been deposited into your account but it could be a very costly transaction if something were to go wrong. You could be held responsible if you sold before you actually had them and there was a problem. In that instance you would have to purchase them back in the open market. Very rare but it can happen.
I never trade them until they are in my account. According to my records I should have mine tomorrow and you should too.
I will not be selling mine anytime soon because according to the way todays PR was worded we may be looking at another forward split. Also waiting to find out who Opus International is.
Did some research but am coming up with several companies named Opus International in the world. I will find out tomorrow if I can exactly who they are.

Each trade has a three day settlement period and the split shares typically are not credited into your account(if you have bought right befor the ex-dividend date) until the business day following settlement day. In this case my trade settles on 12-11-00,the shares would typically be deposited on 12-12-00.

There will be a split, my accounts show the split ratio, just not the new adjusted shares.

I don't see any problems.

If they are not in your account tomorrow you should call your broker.