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Both of these stocks have surged for a couple of days, DSTI up nearly 20% today and DSTIZ near 60% today. Both are named DayStar Technologies Inc. How are they related and why would one go up 3 times as much as the other?
And wouldn't you guess, I played the lesser.
Posts: 11304 | From: Fort Worth, Texas | Registered: Mar 2005
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OOPs....that's DSTI and DSTIZ....I'm working on my typing, I promise!
Posts: 11304 | From: Fort Worth, Texas | Registered: Mar 2005
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On NASDAQ (or NYSE), the fifth letter of a stock symbol usually has a special meaning. "Z" means "miscellaneous situations" .. you can read more about it here: http://en.wikipedia.org/wiki/Ticker_symbol
The usual way of things would be that DayStar would trade as DSTI, then as DSTIZ.. but not as both at the same time. Truly a miscellaneous situation
-------------------- the market is not your mother Posts: 1282 | From: Montreal | Registered: Mar 2006
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quote:Originally posted by Ace of Spades: DSTi is the actualy stock and DSTIZ is the the symbol for the warrants on the stock I believe.....just like ASTI and ASTIZ
Thanks for clearing that up, Ace.
-------------------- the market is not your mother Posts: 1282 | From: Montreal | Registered: Mar 2006
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I personaly haven't done this, but you can trade the symbol for the warrants too. The only thing is the warrants expire, so as long as you know the dates and just trade them. You can make money.
Posts: 2321 | Registered: Aug 2006
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