News Focus
News Focus
icon url

vpagano

05/02/13 11:51 AM

#211 RE: RBKissMyAs #210

WI = "when-issued"

There will be a grey area with how each broker treats this situation since it is pretty complicated. And if are playing this with calls like I am, it will get messier until the dust settles with how the strikes/number of shares will be split.
icon url

vpagano

05/02/13 11:53 AM

#213 RE: RBKissMyAs #210

Any difference in price between the current NCT and the new pieces will be arbitraged away by traders. The dividend does make things tricky.