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Post by granny2shoes on Feb 11, 2007 17:59:52 GMT -5
restrictions lifted from our restricted divvies, from what i understand you have to go through the transfer agent, then they will contact the company that you want to have the restriction lifted before you will be able to sell them, this will cost quiet a bit to do so, much more than the shares are worth, i think most were under the impression that when the 2 years or however long they were restricted for that they would be able to sell them without going through a lot of expense, granny
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Post by tec1958 on Feb 11, 2007 18:35:46 GMT -5
nope - call your broker for the process - each is different
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Post by JoeRockss on Feb 11, 2007 18:51:30 GMT -5
nope - call your broker for the process - each is different I wonder why each would be different? Maybe they made lifting the restrictions on USCA worth more than the stock for a reason. Maybe they figured most wouldn't do it because of the cost against the worth. Maybe they made it that way because that divi cmkx issued cause USCA to be naked shorted also. Maybe it's an angle, maybe it's not. One thing's for sure. If CMKX was heavily naked shorted at the time of that divi, it would make things difficult for those that needed to deliver that stock. |
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