Weird information
posted on
Nov 08, 2012 12:18PM
Regardless of the stock split (or not), the information is really weird. Note: Normally you would expect 2 for 1 or something of that order, but 100 for 1 would result in a huge OS...
Fantomas has indicated that there is a move to eliminate "small shareholders, those with less than 100 shares) to reduce communication costs (mailing to too many small investors). This should be referred to as a "consolidation" rather than stock split.
goldhunter
-----------posted on the other board - FYI------------------
SH has this quote of -191.05 and -98.99%, the same with the G&Mail that says PRB-X: 1.95, -191.05, -98.99%, so they both come the same feed presumably.
Their (same) source appears to have a major computer malfunction, since the math is all wrong. Not sure if they realize this error. If the SP is $1.95/s and the drop is $191.05, then we all have to mortgage the house to pay for the negative value of the share?
TD Waterhouse quote say $1.95/share (+ more than 1%). So check with the source first... before running for the hills to avoid a tsunami of margin calls. Hope that the brokers would check for authenticity. LOL.
goldhunter