Category: Business and Money > Advertising and Marketing
Asked by: benj851-ga
List Price: $10.00
29 Nov 2006 16:50 PST
Expires: 29 Dec 2006 16:50 PST
Question ID: 786783
when can i buy the wndxq stock, now that winn dixie is out of bankrupcy, and how can i be able to know what the price will be, and why can i not but it now?
Re: Stock Market
Answered By: omnivorous-ga on 30 Nov 2006 03:00 PST
Benj851 ? Winn-Dixie Stores is now trading on the NASDAQ on a ?when issued? basis under the symbol WINNV. It closed yesterday at $14.15, up $2.03. New shares will be issued within 45 days and these will trade under the symbol WINN. Old WNDXQ shares are worthless. Reuters ?Winn-Dixie Stores says emerges from bankruptcy,? (Nov. 21, 2006) http://today.reuters.com/news/articleinvesting.aspx?view=CN&storyID=2006-11-21T195003Z_01_BNG269381_RTRIDST_0_RETAIL-WINNDIXIESTORES-UPDATE-1.XML&rpc=66&type=qcna Jacksonville Business Journal ?Out of bankruptcy but not court,? (Basch, Nov. 29, 2006) http://www.jacksonville.com/tu-online/stories/112906/bus_court.shtml According to the stock tracking site, Bigcharts.com the ?when issued? shares opened at $10.92 and have already gone up more than $3 ? Bigcharts.com WINNV http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=winnv&sid=0&o_symb=winnv Be aware that there may be some stock transfer restrictions as well: PR Newswire ?Winn-Dixie Stock Transfer Restrictions,? (Nov. 28, 2006) http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/11-28-2006/0004481643&EDATE= Google search strategy: use Google News for Winn-Dixie and WINNV search wsj.com Best regards, Omnivorous-GA
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