Do they actually issue you something that has an expiration date and value if they meet the goal by the given date?
I don't know yet. the OPTR one will trade on the NASDAQ from a PR I read tonight. we will get loads of papers to read in the mail. #$%$, I don't need a lot of papers to read unless it is new DD.
We don't need no stinking papers!
Thanks Kitty and hwsimpsonhero for the explanation !
Yes. It's kind of like a tracking warrant. Your broker will keep track of it for you, and it should be noted in your account. It won't have a value place don it though. That won't be determined until the end of 2016.
So my Scottrade acct will have a ticker symbol or some space that has no value in it that will be filled with a bonus if and when TED achieves its sales figures?
Will this effect my IRA some how? I will hold I think just cuz I may buy some cubist. Ted is a blockbuster and if they own it! $$$$$$