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What happens to people who owned the stock before?

Posted by: zap777 on Dec 17, 23:29 in response to Antibody's post fwiw, it's a reIPO of a previously delisted stock.

Do they get their money back?  Are their shares of the stock restored?  Or are they just out of luck?

WKTMB ipo'd today...what's going on with the price and/or volume of shares? {nm} Richard In G Dec 17, 10:22

It's not a new IPO, it's a re-issue, so it was open to movement from adjust I presume RedDex Dec 17, 10:30

its not suppose to. so once DMac resets it back to 25, those who are buying it now will loose $ if the bought above 25. {nm} Oleg Max Dec 17, 10:37

Crap. It's moved so much now, I should just keep the current price frozen. {nm} Antibody Dec 17, 10:44

shouldn't you be consistent? in the past it was reset back to IPO price... {nm} Oleg Max Dec 17, 10:49

I would have if this was a new IPO. I'm considering which decision will get more negative feedback. Antibody Dec 17, 10:53

lol {nm} tealfan Dec 17, 11:44

Well, that's not really fair for those of us who haven't bought it yet. Whatever, can we have a quick decision please. {nm} grammar Dec 17, 10:50

He decided. Price is frozen. ( best decision possible ;-) JMT-NL Dec 17, 10:52

Best decision possible? Are you kidding? It's an IPO today which isn't supposed to move until a certain number of shares are bought so a grammar Dec 17, 10:56

not kidding. its a choice between two 'evils'... Give D-mac some slack. These things happen. JMT-NL Dec 17, 10:58

The game has always been 'fair' and I'm not dissing DMac in being negative on this. I have a right to voice my opinion {nm} grammar Dec 17, 11:00

fwiw, it's a reIPO of a previously delisted stock. {nm} Antibody Dec 17, 10:59

I realize that 'now' DMac but looking at the calendar who'd know. Perhaps there should have been a notation. It's not fair that you grammar Dec 17, 11:02

That and $7.00 gets you a Costa Rica Finca Palmilera at Starbucks. Does nothing for the traders waiting for the IPO to be reset. {nm} H-Mogul Dec 17, 11:08

What happens to people who owned the stock before? zap777 Dec 17, 23:29





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