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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?


To: David Penfield who wrote (14322)1/12/2001 10:25:11 AM
From: LemonHead  Respond to of 18928
 
Hi David, and welcome to the BB.

Now my GSNX shares convert to some NVLS shares. How should I account for this in AIM.

I'm gonna refer you to Tom as he is the expert on this question.

I believe that you would take the converted shares and simply add them to the existing shares and continue on with AIM. But I'm not sure. It may also depend upon which AIM software you are using.

Keith



To: David Penfield who wrote (14322)1/18/2001 5:59:32 PM
From: OldAIMGuy  Read Replies (1) | Respond to of 18928
 
Hi David, (sorry for the delayed response, I've been thawing in Florida for a week)

I've never had it happen, to have been the owner of both stocks that were about to be combined. However, I think the easiest thing to do would be to add the two Portfolio Control values together and total the new and old shares of the survivor along with totaling the Cash Reserves. You should end up with a trade range that's satisfactory but different than you currently have.

The new "Hold Zone" will probably move because each separate account was in a different point between it's own buy and sell points.

Please let me (us) know if this works okay. I'll add my "Welcome" to Keith's.
Best regards, Tom