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I also have no idea how that works. Fact is though that HBI was set to $19.80 this morning. Divided by 8 gives $2.48, which was subtracted from each SLE share. From then on it was let to market-forces, which despite a down day today rewarded both stocks with a nice gain (so far).

I'm glad I held on to them a little longer, despite Mathews sell recommendation. Together I'm more or less even on these stocks combined. I may let go of SLE and get some more HBI. Somehow it seems to me HBI is priced too low (and thereby SLE relativey high).

Mark
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