GREY:EORBF - Post by User
Post by
jr_resourceon Jun 12, 2012 10:00pm
592 Views
Post# 20006448
Shorts CAN'T Cover Violated FINRA rules hahaha
Shorts CAN'T Cover Violated FINRA rules hahaha Stupid shorts couldn't cover if they wanted.
Thanks to Whaspe for directing me to OTCBB site https://www.otcmarkets.com/stock/EORBF/short-sales.
Looks like shorts have violated Rule 4320
Reg SHO & Rule 4320 Status
|
|
|
| Jul 22, 2011 |
No |
Yes |
| Jul 21, 2011 |
No |
Yes |
| Jul 20, 2011 |
No |
Yes |
| Jul 19, 2011 |
No |
Yes |
| Jul 18, 2011 |
No |
Yes |
| Jul 15, 2011 |
No |
Yes |
| Jul 14, 2011 |
No |
Yes |
| Jul 13, 2011 |
No |
Yes |
| Jul 12, 2011 |
No |
Yes |
| Jul 11, 2011 |
No |
Yes |
FINRA Rule 4320 defines threshold securities as any equity security of an issuer that is not an SEC reporting security and, for five consecutive settlement days, has:
- aggregate fails to deliver at a registered clearing agency of 10,000 shares or more; AND
- a reported last sale during normal market hours (9:30 a.m. to 4 p.m., ET) for the security on that settlement day that would value the aggregate fail to deliver position at $50,000 or more.
https://www.otcmarkets.com/marketActivity/reg-sho-otc