Schwab is wrong. This was not a split - it was a
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Posted On: 12/01/2018 12:55:21 PM
Schwab is wrong. This was not a split - it was a dividend. The market will determine the price come Monday morning; whatever the first buyer and seller agree upon, that will be the initial print. Theoretically, it could be $50 if there is a PR with outstanding news; it could also be $.50, if that is what the highest bidding buyer is willing to pay and a seller agrees to that price.
Fidelity added the shares at the closing price of $18.99, so my account balance looks GREAT this weekend. I don't think it will stay that way first thing Monday, but it is fun while it lasts!
Fidelity added the shares at the closing price of $18.99, so my account balance looks GREAT this weekend. I don't think it will stay that way first thing Monday, but it is fun while it lasts!
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