the selling started before the little guy could get out. The announcement was made the day of the split just about at the close. Someone got out or shorted prior to the announcement. Just a little more amo for those who want to bring legal action.
Agree, how can that be legal? I understand not being able to trade until shares are delivered, however, no one should be able to benefit from that lag time. If that affords someone an unfair advantage I believe the SEC should look into this. Of course i'm not a lawyer so would appreciate any insight that might enlighten my understanding or misunderstanding on this. Thanks