Recent Comments:
AIG sinks on 1-for-20 reverse split; what about the options? {BloggingStocks}
Jul 1st 2009 1:04PM Liz,
Still confused..........Perhaps a little more explanation is in order. Are you saying that that if the pre-split price on put options had a strike price of $1.00, it stays there, and that only the number of shares changes. That means the guy with $1.00 strike price has a sure thing unless the stock drops back down below a dollar?
If the strike price is not adjusted then before if the stock was 99 cents he gets nothing, but now if its $19.80 he does, since it is above the dollar mark?
If GM liquidates, everyone loses {BloggingStocks}
Jun 8th 2009 1:47PM It WILL take many years. GM does not have DECADES. If the payback time goes from 'years' to 'decades' then GM simply just goes -- away!
