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arb award

By: bim24 in IDCC | Recommend this post (0)
Fri, 23 Aug 13 6:55 AM | 249 view(s)
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Msg. 46900 of 48237
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it is unclear (at least to me) if the company won the entire amount of 52.6 million.

It just said they won at the rates specified and then went on to say that they had 52.6 deferred and that they are studying the award. Arb awards doesn't have to be bipolar, as it can be some amount in between.

Maybe I am losing my comprehension skills... but emailed HR to clarify my simple math. Or maybe I am just overly cautious.

Can you believe our luck that we announce news of this magnitude and the market broke and we couldn't trade? I had my unfilled limit buy in at 36 about 5 seconds before it stopped!



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