As the question states, a company that has undergone a reverse stock split often gets the letter "D" attached to the end of its ticker symbol. This letter is used to designate a company that is undergoing a stock split of some sort (most often a reverse split), or some form of corporate reorganization. This letter is generally attached to the end of the ticker for approximately 20 trading days before it's removed.
the only questionable word there is "approximately". it's "at least". I've seen em go 6 months with the D on.
so, what, david is wrong again??
but then what is it? 20 days from 9/1
from th 8K
The reverse split will take effect at the open of business on September 1, 2011. Our new symbol on this date and for 20 days including the effective date will be CVSLD. After 20 days our symbol will changed back to CVSL.
or is it 20 days from 9/9
from the SAME 8K
The reverse split will take effect at the open of business September 9, 2011. Our new symbol on this date and for 20 days including the effective date will be CVSLD. After 20 days our symbol will changed back to CVSL.
wait a minute, don't tell me david was wrong again. LOL
both of those statements are WRONG except for the effective date of september 1