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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Bernie Diamond who wrote (26451)10/17/2003 5:21:42 PM
From: mabiba  Read Replies (2) of 206084
 
Bernie, I am afraid I didn't get the part about the "serious posters": "…and are/will be selling their PGOGY before the rights offering expires…"
Do I understand correctly that PGOGY might still be traded while the rights offering of new shares is ongoing? This sounds weird to me...

One more info I got from Ameritrade when having PGOGY in a Datek account: One only needs to open a new account (and fund it of course), not transfer the PGOGY shares. They assured me they would recognize my ownership in my Datek account and allow me to buy my new share in my Ameritrade account. Opening the account and doing an internal transfer may take 3 to 5days in all.
I will transfer some LT shares I don't want to sell soon, so my PGOGY will remain available for sale in my Datek Account should I decide to do so. Even though I am planning to sell them, I need a backup plan should they stop trading too early.
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