I believe the dollar is up against most currencies. At least according to damaxter.
Since it doesn't sound like a liquidity problem, either you own the shares and you could sell your position, or you don't own them yet and you're not losing anything. Can't your broker explain this to you?
I own the old shares but not the new ones. they need to manually replace them with the new ones.
Dow 10,837.47 -607.14 -5.31%
I don't get the point of posting every few minutes with where the market is currently holding, considering it's going to change until the close.
Gold is the only thing that was green today
now it closed:Dow 10,827.52 -617.09 -5.39%
10,812.88 -631.73 -5.53%
http://finance.yahoo.com/
Such as?It's down against EUR and GBP.
Ah, that makes sense. But I don't understand why you can't sell the new shares short, to cancel out your losses (or gains for that case) on the old shares.
1)That will mean putting up additional cash. 2) it's a brand new stock so it's not available to short. (at least from the broker i'm using)