GREY:NEVDQ - Post by User
Comment by
patchhon Jul 08, 2021 3:35am
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Post# 33510620
RE:RE:RE:RE:sorry meant 18 cents...lol
RE:RE:RE:RE:sorry meant 18 cents...lollet me clarify this !
I use Interactive Brokers / Trade Station - great service..
TO-Day - around 08:00 am (give take 15min).. my NCU button went from active to a Shade w a little circle over the Icon..
at first i thougt trading had been halted.. i had been attempting to buy 20K - close to 30 minutes / with and active realtime book trader w all of the bids ask..
the book trader was frozen solid w around 3 to 4M shares in the ask - it was locked up !
i hit the little icon w the circle on the NCU.. and a graph pops up w a green and a red bar - pointing straight down..
looked over in top corner.. there was a caption blok.. said 200,000 shares of NCU available for short..
over on the rite - was a three line w 10.0 10.43 and 10.65 for the interest charge should i buy a short outside of a sell button..
this was a direct short..
my usual interest charge for margin is 2.5%,,,, soo 4 another 8% IBK was going to let me buy 200,000 short shares of NCU.. this bad boy screen was a graphics,,
on this account i run more than required for patter day trading restrictions.. i routinely buy blocks of canadian stocks in 250 blocks.. today i was loading AT&T w TDominion on the ADR and the TSX - has to do w stok pounce after divident..
i was in and out from around 06:40 until around 9 am for the Ex Date... i was moving topaz - pembia - LIF was close to ExDate Last week..
on tuesday i moved CAT out along w ADM - wnet cash ofter a few margin snatches of NCU last week.
the WhoaAheimie here is the screen from IBK sending me notice to Short NCU and hash tagging the trade symbol on the active board...
--> i expected some blo bak w/o the news.. but not a 4M share dump oputside of the routine 3% rules.. my board will not allow me to buy below 3%.
soooo ? R we looking @ a byyout ? is there a SHort Board w these stoks listed somewhere ?
i am an armchair retail investor - notthing close to a pro !
what is apparent !!!
PRESENTLY, the warrants are worthless for time.. they are trading more than the face value of the stock and are essentially up-side down..
lets see where the warrants go tomorrow... Dynamite wrapped in todays newspaper is not going to blow the time premium bak into the warrants.....
on the US ADR its trading @ 15 cents....