GREY:BLEVF - Post by User
Comment by
Kornootoon Nov 07, 2018 10:19am
130 Views
Post# 28936589
RE:Shares scotia i trade
RE:Shares scotia i tradePeople ...FYI I can tell you with scotia Itrade you need to call.
Yesterday morning before the marker opened I had 8000 shares.
The shares were going to trade in the .20 and up area..
At 9:20 i called and explained the situation....
I was put on hold.
The market opened and the shares started moving up and did hit .41 at one point.
Mean while I am now back speaking with the trader.
He verified that I now had 8000 x 7 = 56000 shares.
I was able to trade but the price was moving all over and I did sell 26000 shares.
I was left with 30000 shares.
This morning there was a descrepancy and my account indicated -18000 shares.
I called again and this time on hold for over 20 minutesI after explaining the whole thing again.
They corrected and put my account back to the 30000 shares.
He explained that if I sell some and only some today that I would have to call back tomorrow again because this whole thing takes 3 business days for the automatic conversion.
Both days I called at 9;20 or so. I should have called at 8:30 and I would have been in a better position for trading before the market opened.....That sux.
Anyway if you are with Itrade and want them for trading today...CALL they will fix it...
Hope this helps.
I will hold the 30000 for a while and hope that management follows this 7-1 with a nice NR.
Ps with this whole thing I am now in a better position than I was before the split.
GLTA