Replies to post #1018 on The Free Money Board (ARBITRAGE)

[J T]

these cash buyouts can be a bizatch, lot of things to go wrong with em, I don't normaly play em unless its a nice chunk of change

[J T]

from today32

I know what happened…. This happened on another stock a few months ago (DOLL).



For ENTX, the split occurred around 5/15/09, but the DTC messed up and didn’t process the symbol change. So when it finally hit the daily list on 6/15, they kept all the details of the transaction on there (split cashout info), but it was really just a symbol change.



Just a heads up, it looks like this will also happen with EDDH (split on 6/5/09 but still hasn’t hit the daily list), so don’t get fooled in the next few weeks.



I can’t post on the board (free account), so feel free to post this for pennypush