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Alcatel-Lucent Message Board

  • tradestoxx11 tradestoxx11 Feb 26, 2013 9:47 AM Flag

    We'll likely close the GAP with Paris tomorrow...

    when we begin to trade EX~ADR fee. U.S. Brokerage customers will be hit with a .02 cents ADR fee for shareholders of record as of March 1st. (date confirmed with IR). MM's have had us at that difference since the beginning of February and as of yesterday had us at a 10 cents difference as of yesterdays close taking advantage of anyone who wanted to avoid it by having them pay 5 times as much in terms of the sales price. Today we're at about a 4 cent difference and i would suspect tomorrow that changes by at least 2 cent improvement. In any event..anyone selling today will escape the fee but will be paying anyway in terms of their sales price. And anyone holding their positions will be hit with the fee on whatever date brokerages #$%$ it to peoples accounts.

    Sentiment: Strong Buy

 
ALU
3.33-0.04(-1.19%)Sep 12 4:03 PMEDT

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