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Strategies & Market Trends : Value Investing

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To: rllee who wrote (39292)	9/15/2010 12:23:44 PM
From: MCsweet	Read Replies (2) of 78482

TTT, They have been slow to process the offering. If you subscribed in the regular subscription (4 rights = 1 share), you will get all your shares. Who knows when, though. If you signed up for oversubscription, you will likely get very few extra shares. Playing it like a lottery ticket, I bought a lot of rights and signed up for a ton of oversubscription (going on margin). Now, knowing I won't get much oversubscription, I would like to get my money back so I won't be charged any more margin interest. This violates my rule of not going on margin with these stocks, but it was a special situation and I figured the cost of the margin was like the cost of a lottery ticket. Feel free to call and complain to the company, as I would like them to process this quicker. MC

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