Flukes, Doubtful, but the reason it hasn't traded is no one is willing to buy at 99 dollars a share. And you only have a few willing to buy at 6 bucks. Remember the reason it is at 99 dollars per is that one trade of 100 shares bumped the trade 20 percent to .49 presplit. Care to start discussing valuation yet??
I Agree, even Though I am the recipient of one of those shares. I have a Feeling that may have more to do with balancing things out. in My case the shares I had owned werent divisible evenly by 200 (1 for 200 R/S) so it was like they allowed Me to Average Up to a full share for the $5 I paid for a share. Ive heard some say that Thier Broker says they dont yet have the converted certs yet.. and while this is the electronic world I'm sure there is something to that.. again I've been through a Couple of these and I'm really not suprised that we havent seen any Real Trading started yet.. In the previous R/S's Ive lived through Not all Brokers started trading the New shares the same day.. Maybe next week we will begin to see Movement.. jmho
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