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Strategies & Market Trends : Picks of the quarter -- Ignore unavailable to you. Want to Upgrade?


To: Thomas Kirwin who wrote (2978)4/1/2007 5:47:13 PM
From: Sr K  Read Replies (1) | Respond to of 20435
 
You're going to make Elroy work too hard. Do you and anyone else splitting 3 ways want 1 cent in cash or do you want to pick one to get 33.34 worth?

Or, Elroy might rule that if you don't say, the odd cent(s) goes first to the first stock in the list and then to the next one in that list (until there are no more odd cents).

Or, he might rule (or the default may be) that if your request cannot be met exactly with available funds, he buys the maximum that does meet your request (split equally, for example, 3 ways).

In this case you might have 1 cent cash.