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Technology Stocks : IRID - Iridium World Communications IPO Announced!

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To: BillRacer1 who wrote (2477)9/21/1999 10:48:00 PM
From: Shtirlitz  Read Replies (2) of 2693
 
The strangest thing has happened in my Suretrade account. As of Monday I was short X shares of IRID and the last price on my balances was 3 1/16. Today my balances where updated (they do it overnight) and I'm still short the same number of shares, but the price now is 0 !
Not that I'm unhappy about it, since it freed me a lot of margin, but I'm just wondering why.

Did anyone else experience something like this?
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