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Does Anyone Know What Happened at the Close? | |
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From: jrraf...@gmail.com
Date: Wed, 31 Dec 2008 14:50:46 -0800 (PST)
Local: Wed, Dec 31 2008 5:50 pm
Subject: Does Anyone Know What Happened at the Close?
Does anyone know what caused this to go from $5.89 to $5.54 in
minutes? Same with WFC. It went from $29.48 to $28.65. You must Sign in before you can post messages.
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From: borodoriha...@gmail.com
Date: Wed, 31 Dec 2008 22:24:34 -0800 (PST)
Local: Thurs, Jan 1 2009 1:24 am
Subject: Re: Does Anyone Know What Happened at the Close?
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From: skie...@gmail.com
Date: Thu, 1 Jan 2009 12:00:48 -0800 (PST)
Local: Thurs, Jan 1 2009 3:00 pm
Subject: Re: Does Anyone Know What Happened at the Close?
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From: skie...@gmail.com
Date: Thu, 1 Jan 2009 12:01:07 -0800 (PST)
Local: Thurs, Jan 1 2009 3:01 pm
Subject: Re: Does Anyone Know What Happened at the Close?
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From: southernman...@hotmail.com
Date: Thu, 1 Jan 2009 12:59:50 -0800 (PST)
Local: Thurs, Jan 1 2009 3:59 pm
Subject: Re: Does Anyone Know What Happened at the Close?
Wachovia no longer exists. The deal closed at WFC 29.48. So I assume
we all own WFC shares worth that amount now. And your extra shares which dont form a whole WFC share you take that amount IE if you own 70.45 WFC shares you now own 70 WFC shares and .45 * WFC share price. So you get paid out another 15 bucks or so. Wachovia is officially dead.
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From: jrraf...@gmail.com
Date: Thu, 1 Jan 2009 16:46:30 -0800 (PST)
Local: Thurs, Jan 1 2009 7:46 pm
Subject: Re: Does Anyone Know What Happened at the Close?
I don't think you got the question right. I know the deal closed, but
if you look at WFC closing price and the swap ratio at .1991, it doesn't explain why WB dropped 33 cents in minutes. 5.54 WB
29.48*.1991 = 5.87-5.54= 33 cents difference. You must Sign in before you can post messages.
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From: southernman...@hotmail.com
Date: Thu, 1 Jan 2009 23:39:27 -0800 (PST)
Local: Fri, Jan 2 2009 2:39 am
Subject: Re: Does Anyone Know What Happened at the Close?
WB dropped 33 cents because of the fact a bunch of people obviously
didnt want WFC stock. Or they all wanted to claim Wachovia for tax loss or something. There is no reason or rational to explain the stock. The only this is this stock is dead and its irrelevant what the closing price was you own WFC right now. So WB price is moot. You must Sign in before you can post messages.
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From: mjco...@cohenandassociatesinc.com
Date: Fri, 2 Jan 2009 07:20:38 -0800 (PST)
Local: Fri, Jan 2 2009 10:20 am
Subject: Re: Does Anyone Know What Happened at the Close?
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From: buckypu...@gmail.com
Date: Fri, 2 Jan 2009 07:54:02 -0800 (PST)
Local: Fri, Jan 2 2009 10:54 am
Subject: Re: Does Anyone Know What Happened at the Close?
I would also like to know how to convert my WB shares to WFC. Do I
just take the number of WB shares I had on 12/31 and multiply it by . 1991? I'm more than a little confused about this whole thing. Hopefully I'll be getting something in the mail from Wachovia or Wells Fargo that explains this whole thing. You must Sign in before you can post messages.
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From: trade...@yahoo.com
Date: Fri, 2 Jan 2009 08:25:00 -0800 (PST)
Subject: Re: Does Anyone Know What Happened at the Close?
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From: habitateln...@gmail.com
Date: Fri, 2 Jan 2009 14:48:23 -0800 (PST)
Local: Fri, Jan 2 2009 5:48 pm
Subject: Re: Does Anyone Know What Happened at the Close?
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From: inetpa...@hotmail.com
Date: Fri, 2 Jan 2009 20:21:40 -0800 (PST)
Local: Fri, Jan 2 2009 11:21 pm
Subject: Re: Does Anyone Know What Happened at the Close?
What, is the same thing that happened to Wachovia going to happen to
Indymac, or visa versa?????? Either way the answer is no.
You Get WFC Stock, which will continue to trade and may go up or down
Indymac stock is now dead (CH 7). The question for the stockholders is
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From: borodoriha...@gmail.com
Date: Sat, 3 Jan 2009 04:19:31 -0800 (PST)
Local: Sat, Jan 3 2009 7:19 am
Subject: Re: Does Anyone Know What Happened at the Close?
Um you multiply your shares of WB you owned on 12/31 by .1991. Any
fractional shares you have left over you'll get a check for or your broker will be credited cash for from WFC. Say you own 2500 shares of WB. That would convert to 497.75 shares of WFC. So you'd get 497 shares of WFC then get credited for .75 multiplied by whatever the closing price of WFC was on 12/31. You must Sign in before you can post messages.
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From: grichards <gagricha...@gmail.com>
Date: Sat, 3 Jan 2009 07:00:11 -0800 (PST)
Local: Sat, Jan 3 2009 10:00 am
Subject: Re: Does Anyone Know What Happened at the Close?
If you look at your brokerage account, you'll see WFC actually rounded
up the number of shares you got for fractions of a share instead of giving you cash. I gained a bit of value from that. This thing's a done deal.
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From: grichards <gagricha...@gmail.com>
Date: Sat, 3 Jan 2009 07:06:10 -0800 (PST)
Local: Sat, Jan 3 2009 10:06 am
Subject: Re: Does Anyone Know What Happened at the Close?
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From: matrixm...@hotmail.com
Date: Mon, 5 Jan 2009 12:04:19 -0800 (PST)
Local: Mon, Jan 5 2009 3:04 pm
Subject: Re: Does Anyone Know What Happened at the Close?
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From: WorldRallyCupSubaru <subar...@gmail.com>
Date: Thu, 22 Jan 2009 18:35:27 -0800 (PST)
Local: Thurs, Jan 22 2009 9:35 pm
Subject: Re: Does Anyone Know What Happened at the Close?
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| End of messages |
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