ST Alpha - "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." (Reading a Post)

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Posts: 159

In response to "1. what an ass. 2. isn't that standard? -- nm" by andie

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.

Posted by spamlet Jun 20 '16, 15:35

He had a large adjust coming up with Star Trek so he had deviated significantly from TAG.

Responses:

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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