04-09-2007, 05:55 AM
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.
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.