GREY:BLEVF - Post by User
Comment by
newGuy01on Nov 06, 2018 11:11am
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Post# 28930680
RE:RE:TD
RE:RE:TDBECAUES STOCK SETTLES T+2. YOU WERE NOT A SHAREHOLDER OF RECORD ELEIGIBLE FOR SPLIT STOCK UNLESS YOU HELD AT THE CLOSE OF MONDAY NOVEMBER 5TH. ON A T+2 SETTLEMENT, YOU WOUBLE BE THE BENEFICIAL OWNER OF PRE-SPLIT STOCK WHICH ENTITLES YOU TO THE SPLIT. WHY IS THIS SO HARD FOR PEOPLE TO UNDERSTAND.
Updownsideways wrote: Same boat here with RBC. Selling at any price point today would have incurred a 70-90% loss.
How they can allow split trading before share holders get their extra shares seems like it should be ILLEGAL!
Would of been nice to sell into that 150% gain without actually losing 70% of my capital ....lol fack!!
RatPortfolio wrote: I called TD and was trying to sell at .32 cents. They told me I cannot sell and I would incur hte losses at my current AVG cost (80% loss). Even though the shareprice is trading at split levels Tomorrow/Friday I should have my shares and hten I can sell, just in time to miss out on about 50% gains.
UNBELEAVABLLLLLEEEEE
FML