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Gold/Mining/Energy : Arcon Energy (MIDL Presently) The Ultimate Sleeper

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To: Netnut7 who wrote (3236)6/11/1998 10:56:00 PM
From: Ga Bard  Read Replies (1) of 4142
 
There is no reverse split there is however just the opposite coming a split (forward split) which will give you 50% more shares in the MIDLP holdings. We ae awaiting the CUSIP number to be assigned and then the x date. Presently you are buying and selling MIDLP with a split half share attached to each MIDLP share you trade. xdate is the date where the 1/2 split shares exits from the attach holding share and becomes independently trading on its own.

That is why the x date is so important. That is the day the split shares seperates from the existing holding share in your account.

hope that helps

as far as the trilogy I am extremely long so I am loaded in the P .

GB
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