InvestorsHub Logo

SmoothTrader61

09/25/09 4:43 PM

#355 RE: Jones442 #354

I don't know, I hope someone here will have that answer?

Is it possible that they will just be worthless?

Derekz

09/25/09 4:45 PM

#356 RE: Jones442 #354

I don't know, so I will take the safe route.

PeanutButterJellyTime

09/25/09 4:45 PM

#357 RE: Jones442 #354

It sounds as if the old shares will be worthless. Even people who short the stock need to cleanse themselves of the shares before the effective date occurs or they'll lose out as well.