Does your bid meet the minimum size requirement to be displayed, as Hank posted earlier today? The minimum increment is 500 shares if the bid is between $1.01 and $10.00, and 200 shares if the bid is $10.01 or higher.
If it does, you can call Fidelity and have the broker tell the order desk to call the market maker and get them to display it. If not, you'll have to increase the size of the order.
In other reverse splits I've lived through, not all brokerages had the ability to trade at the same time some took longer than others before the actually started trading , they might take the order but wouldn't process it. Not sure if that's the issue,
Because it has to be more than 500 shares from $5 to $10 and 200 shares above $10.00.. Otherwise it will only be filled if the offer comes down to your bid.. Thats the way the real market works and it is very efficent in most cases.. With TEVED the spread between bid and offer will remain large until buyers and sellers are willing to meet at any level.. Remember also that odd lots do not appear on the systems as trades because they really are not reflective trades of the actual market place.. All the chatter on a message board will not change what is a fact and the purpose of the real market.. hank
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