BlackBerry Ltd T.BB

Mean Anything?

[Hedgetrimmer]

Copy and paste from Stockwatch. A sign? 

BlackBerry special settlement

2021-11-19 23:21 ET - Miscellaneous

Further to the staff notice dated Sept. 5, 2017, the Toronto Stock Exchange reports that all trades on Nov. 23, 2021, in the following securities that trade in U.S. dollars will be for special settlement on Nov. 26, 2021. According to the TSX, T-plus-three special settlement rules are being imposed for these securities to accommodate the U.S. banking holiday on Nov 25, 2021. The TSX notes that trading in the corresponding securities that trade in Canadian dollars (if applicable) will not be affected by these special settlement rules.

Issuer:  BlackBerry Ltd.

Security:  1.75 per cent debentures

U.S.-dollar symbol:  BB.DB.U

[shareholders1]

US is closed Nov 25. Canada is not.  So 3 day settlement on some. I think that is all it means. What were you thinking of?

[Hedgetrimmer]

  Just my wariness kicking in thanks to the nature of the beast aka stock market.. Just strikes me odd that only certain Canadian companies at Stockwatch get the special settlement message in the Bid/Ask news section. Wonder how a company gets selected for this treatment? How do they qualify? What's going on to get singled out like that? Oh well, let's move on..lol

[Hedgetrimmer]

How well is free riding policed by regulators? https://www.investopedia.com/terms/f/freeriding.asp Would having an extra day or two to settle a trade be too tempting for some to free ride? Would it drive up SP?  I'm thinking this week might be a perfect opportunity to buy cheap and sell high before regulators sniff it out? Or those with the cash can sell securities before they buy them?&