Does anyone know about ERICR?

Discussion in 'Trading' started by jmark4, Aug 28, 2002.

  1. jmark4


    What is thi stock ERICR? It is a new stock that has had wild roller coaster ride, but today it didn't trade. What could have happened?
  2. axehawk


    Wouldn't it be the pink sheets version of ERICY (Ericsson)?
  3. It's ericsson. I have been told that they have voting and non voting shares. Maybe that's why two symbols.
  4. Yeah bu theyre gone now....highes vol on Naz for a few days.
  5. It was a RIGHTS offering.
  6. Patriot


    Rights offering to purchase ERICY at 0.42 per share. Expired on 8.27.02.
  7. jmark4


    What is rights offering?
    ERICR was trading at 0.25 cents yesterday while ERICY is trading at 68 cents.
    Does it mean if I own ERICR shares they will be converted to ERICY? I dont understand where the 42 cents is coming in when ERICR has been trading from 10 cents to 60 cents a sahre.