ST Alpha - "1. what an ass. 2. isn't that standard? -- nm" (Reading a Post)

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In response to "Yes. Someone complaining about AYELC cashing out at TAG rather than current price. " by iSpam

1. what an ass. 2. isn't that standard? -- nm

Posted by andie Jun 20 '16, 15:32

(No message)

Responses:

I seem to remember it used to be at current price at one point to stop people from profiting but it's consistent with "normal" delists. - spamlet Jun 20, 15:35 8
- It does seem to me if a person still has movies coming out they shouldn't delist until the adjusts are finished. - pmb Jun 20, 15:40 4
  - Originally the star bonds (when they were bonds) were meant to signal an actors ability to pull audiences to a film. - iSpam Jun 20, 16:26 1
    - if the idea to prevent speculation cashing in on a death, then delist at current price prevents day traders from shorting/reversing - zeitgeist Jun 20, 18:21
  - that's always made sense to me. their work lives beyond them. -- nm - b. Jun 20, 15:42
  - That's what I wasn't sure of. Maybe if the movie's already released they wait for the adjust? -- nm - Meg Jun 20, 15:42
- I don't recall how it used to work though I recall it was different - ty97 Jun 20, 15:40 2
  - I think at one time it delisted at 0 but they decided that wasn't fare. - pmb Jun 20, 15:41 1
    - yah, I think I remember noting the switch being an improvement from that. -- nm - b. Jun 20, 15:43

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