PPX: Halts and Payouts Aplenty
We have a few delistings and halts going on today. First, despite the bad news for HD-DVD that surfaced last week, there were more titles available on HD-DVD than Blu-Ray at the year's end. And so our HDVSBLU prop pays out at $100. The market missed out on this one: trading was halted at $47.25 per share.
Meanwhile, at the Macworld keynote speech this morning, Jobs finally publicized the iPhone sales figures: 4 million since its June 29th debut. IPSALES was set to pay out if Apple sold more than 4 million; falling ever so short, it closes at $0. High hopes for Apple, here: It halted at $69.50.
Two other Macworld-related stocks, 3GIPHON and NWTON, have been halted. We'll make the official call once the expo is over. Thanks for playing and, as always, happy trading!
Curious if you have an ETA on some halted issues' payouts: APPLEPC, MADDEN, PLANKTOS ?
Posted by: David | January 17, 2008 at 07:00 AM
Dear Sir: Cannot gain access to my acct. Did I do something wrong? JED
Posted by: James Dixon | January 31, 2008 at 05:37 PM