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October 2010



October 04, 2010 – Comments (5)

Ok some people have received over 10,000 points off of one stock that recently emerged from bankruptcy.  The problem is the system never bothered to factor in the stock conversion rate.  So at .55 went to $60.  Now kudos to you if you bought a stock at 55cents that went to $60 overnight, except that wasn't what really happened here.  They simply converted every 1000 shares held by you into 7.8 shares with warrents.  Kind of kills the credibility of the system when things like this are allowed to happen.  [more]

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