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You Know Whats Even More Frustrating?
Flofocus Offline
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#1
12-02-2006, 02:09 AM
When Action Direct takes forever to fulfill a Sell order, and Nortel Stocks (ones you wanted to buy @ $4), go up to $24 in one day. :angry:
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ZX5chica Offline
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#2
12-02-2006, 02:20 AM
Flofocus,Dec 1 2006, 11:09 AM Wrote:When Action Direct takes forever to fulfill a Sell order, and Nortel Stocks (ones you wanted to buy @ $4), go up to $24 in one day.  :angry:
[right][snapback]218164[/snapback][/right]

I was silly and held on to my Nortel stocks when they were up at 120$, taking my dad's advice that they would split...

so what they did the other day was what is called a reverse split. Basically, they divided all the stockholders options by a certain amount (I think my statement said 10), and then multiplied the stock $$ by that. It makes for a more appealing stock option to buy when it's at 24$ than when it's at 4$
Does a shorty anntena count as a mod?? Wink
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Flofocus Offline
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#3
12-02-2006, 02:26 AM (This post was last modified: 12-02-2006, 02:29 AM by Flofocus.)
I see...so I dont really gain anything from it...

Reading now.

edit: I should probably be thanking action direct actually! :lol:
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NOS2Go4Me Offline
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#4
12-02-2006, 02:33 AM
I haven't gotten into unsheltered investing yet. Everything we've invested is DCPP/RRSP.
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meford4u Offline
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#5
12-02-2006, 02:36 AM
Funny how you mention investments today of all days. I have to cash in my little nest egg of savings to put more money down on the house.
I bought it originally for $18 a share, bought some more at $24 and then bought some more at $38.
Today, I sell..........$97 a share. I started buying the shares 8 years ago and have held on for just this day.
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NOS2Go4Me Offline
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#6
12-02-2006, 02:40 AM
So you're helping me pay off the new ride, Dad?

I can call you Dad now because I bought a hatch... a red hatch, right? :o
Daily driver 1: 2007 Jeep Wrangler Unlimited Sport "S"

33" BFG Mud-Terrain KM2s, lots of Rough Country gear - bumper, 2.5" lift, swaybar disconnects, Superwinch 10,000lb winch, Detroit Locker in rear D44 axle, custom exhaust, K+N filtercharger, Superchips-tuned.

Daily driver 2: 2006 Subaru Legacy GT

COBB Stage 1+ package - AccessPort tuner, COBB intake and airbox. Stage 2 coming shortly - COBB 3" AT stainless DP and race cat, custom 3" Magnaflow-based exhaust and Stage 2 COBB tune.
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meford4u Offline
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#7
12-02-2006, 02:56 AM
I didn't pay for his car.

So I aint paying for yours!
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NefCanuck Offline
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#8
12-02-2006, 04:52 AM
heh, I have one of those "back pocket" type nest eggs thanks to my life insurance company demutualizing all those years ago.... Stock is at a value where I could cash 'em out and pay for an FI conversion with change left over.... I'm waiting 'till they can pay for a full 5.0L conversion w/auto....

I think I'll be waiting a while <_<

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DD1 Offline
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#9
12-02-2006, 12:33 PM
I like mus lce relaxers and beer make it hard to type woo hoo boo Ya'
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meford4u Offline
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#10
12-02-2006, 02:23 PM
DD1,Dec 1 2006, 09:33 PM Wrote:I like mus lce relaxers and beer make it hard to type woo hoo boo Ya'
[right][snapback]218323[/snapback][/right]
and your single? whodathunk :lol:
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#11
12-03-2006, 10:03 AM
ZX5chica,Dec 1 2006, 11:20 AM Wrote:
Flofocus,Dec 1 2006, 11:09 AM Wrote:When Action Direct takes forever to fulfill a Sell order, and Nortel Stocks (ones you wanted to buy @ $4), go up to $24 in one day.  :angry:
[right][snapback]218164[/snapback][/right]

I was silly and held on to my Nortel stocks when they were up at 120$, taking my dad's advice that they would split...

so what they did the other day was what is called a reverse split. Basically, they divided all the stockholders options by a certain amount (I think my statement said 10), and then multiplied the stock $$ by that. It makes for a more appealing stock option to buy when it's at 24$ than when it's at 4$
[right][snapback]218165[/snapback][/right]

Well that explains the $4G I made overnight on Thursday. I was wondering. ;)
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