From the "Just when you thought you'd seen it all" file;
ADTM - ADATOM.com (Delaware) spun off ADATOM.com (Oregon)
Looks like several brokers fugged it up, they dumped the oregon into the ADTM holdings. Everyone got 1000 shares for every share held.
BUT, I have 1 account that they didn't do it in, they gave me, correctly, ADATOM.com (oregon) and separated the 2 holdings, CUSIP number isn't the same.
SOOOOOOO, the 44 million shares sold today were the WRONG stock. When the brokers sort it out those people will be in a forced cover position for their shorts. ADTM outstanding is only 83 million. ADATOM.com is 83 billion, so hard to say how much is gonna get dumped before the mess is cleaned up.
I did buy 4,140,000 in 2 separate accounts. 4,140,000 is the most you can buy without going over 5% of ADTM's real outstanding shares |
