RealityMarkets.com Forum

Full Version: Why Haven't ALL of the British Iran Hostage Stocks been paid out?
You're currently viewing a stripped down version of our content. View the full version with proper formatting.
This stock was paid out last week:
British Hostages Iran Released April 30 - BHRA

This stock was (incorrectly) zeroed out last week:
British Hostages Iran Released June 30 - BHRJ

These two stocks have NOT been paid out:
British Hostages Iran Released May 31 - BHRM
British Hostages Iran Released July 31 - BHRJU

Nearly a week after the fact, the last two still remain in limbo. 

ALL of these stocks SHOULD HAVE BEEN PAID OUT.

There is NOTHING in the description of any of the four that makes them exclusive of the others. They all say simply: "The British hostages will be released by Iran on or before" a particular date. The descriptions DO NOT say: "On or before, but AFTER the closing date of the other stocks".

Since there was nothing in the description to imply that only one stock could be paid exclusively, ALL 4 STOCKS SHOULD HAVE BEEN PAID OUT - because as it turned out, the conditions of each stock's description was satisfied.
You're right, I basically screwed up the contracts and defined them so they would all payout. The one that got zeroed didn't have any shareholders and that's why I zeroed it since it didn't affect anyone. I halted those two stocks you mentioned prior to embarking on a 14 hour trip across the country and forgot to pay them out when I settled in. Sorry about that, they are all paid out now.
Reference URL's