I didn't realize this since I had been offline for months, but my shares of SPF (Standard Pacific, a home-building company) dropped to 0.00 because of its merger with (RYL) Ryland Group, Inc. The stock symbol SPF was removed from the NYSE and replaced with CAA (CalAtlantic Homes). Is there a way to convert my SPF shares into CAA shares, as would probably happen in real life?
We can't directly do the transition but I can evaluate your shares and refund you the price. 100 shares. 5 for 1 reverse split. $31.72 as I write this. You will receive a $635 refund, and I'll remove the shares from your portfolio. If you'd like to reinvest you can do so.
