Post by
Whyme16 on Jul 23, 2021 1:00pm
What's Being Traded: Old or New B Warrants?
Your thoughts appreciated!
Comment by
Whyme16 on Jul 23, 2021 1:44pm
I just called TD and was informed the new B warrants are in fact being traded now! What puzzles me is after RS I would expect $0.005x20=10 cents per share not 0.02!! Very strange and concerning! Why would anyone sells their $0.10 share for $0.02!!
Comment by
Whyme16 on Jul 23, 2021 2:18pm
I'm with TD and my B warrants quantity are 1/20 of that from yesterday (i.e. 1:20 RS) BUT the price shown as 0.02 rather than closer to 10 cents!
Comment by
Chritters on Jul 23, 2021 2:24pm
It takes 2-5 Days for most trading platforms to make the proper changes, This should have been halted til the terms were released. What your seeing now will be changed then, This is why they are not allowing you to sell shares until its all corrected
Comment by
Whyme16 on Jul 23, 2021 2:33pm
Actually my TD account has already been updated with RS quantities (both my CLAS and CLAS B warrants) and I have put a sell order for both the stock and its B warrant! I'm only puzzled with the price of B warrants which unlike the CLAS don't reflect the RS price of roughly 10 cents.
Comment by
Whyme16 on Jul 23, 2021 3:25pm
my CLAS shares were already RS'd before market opening so, my sell order has been active from before market open this morning. I've my shares for sell at $2. my RS'd B warrants have been up for sell since early afternoon at $0.90. BUT my B warrants are like 90% down as the RS price just went up from 0.005 to 0.02!