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Post# of 115222
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BonelessCat

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BonelessCat

Re: shopnow01 post# 8538

Wednesday, 05/03/2006 5:01:46 PM

Wednesday, May 03, 2006 5:01:46 PM

Post# of 115222
Not entirely true. Under Reg SHO, brokers have 5 days to cover a trade. Then any outstanding shortages are reported on the SHO list once the 10,000 share threshold is reached. AURC has been on the SHO list for more than 70 days. That means there is a strong possibility that there are uncovered short positions from pps levels more than 2 months back. Though illegal, if no one enforces regulations then in effect there are no regulations. IMHO

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