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Starwood Hotels & Resorts Worldwide Inc. Message Board

gabwax 2 posts  |  Last Activity: May 23, 2016 1:39 PM Member since: Dec 13, 2006
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  • Reply to

    last weeks spin with iilg

    by gabwax May 22, 2016 10:45 AM
    gabwax gabwax May 23, 2016 1:39 PM Flag

    I had pure HOT, they gave me IILG shares, thanks God that I sold them immediately because the share went down, and I would have no one to talk to. Do you know any thing about the mid July merger with MAR, what will happen to my HOT stock, any chance to make few $ out of it??

  • I will appreciate very much, if any one could explain me the "Spin Off" we had with IILG, for me the whole thing was one big #$%$ up. My broker Scottrade did deposit in my account on 270 HOT shares that I have, IILG shares worth of 14.000 $, can you imagine what a nice surprise I had, and sold it immediately, thanks God did not cash the money. This Friday when I open my Scottrade account on my computer instead of 57.270$ that I had I had only 40.000 $. I called them right away, and asked what the F did happened?? answer: some one screwed up, and mad a mistake (not only with me with every HOT stock holder) why did not any one alert me?? answer: we are sorry. When the stock went down from 80.48 on the 12th to 73.75 on the 13 I could not care less because I had 14.000 $ more on my account, but now?? how come it went as much down in one day,? and I was waiting all the time for the conclusion of the Spin Off to make some money out of it?? what will happen now on the day when the merger with Marriott will conclude?? any idea?? Thanks Gabriel

HOT
77.52+0.57(+0.74%)Jul 22 4:02 PMEDT