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Re: skyrocketinsight post# 89625

Friday, 01/02/2015 10:27:14 PM

Friday, January 02, 2015 10:27:14 PM

Post# of 111691

grey does not mean the stock is dead as they can still trade



But it can't trade, at least not enough to make any kind of a 'run' possible. The DTCC chill was reinstated when Fairhills Capital/E-Lionheart was zapped by the SEC, and A-Trade will not allow buy orders. What good does it do to place a sell order if they won't allow buys, and can't advertise their sells while on the 'Greys'? And A-Trade isn't the only one in this situation, other shareholders here have posted that their brokers are blocking buys as well. So what kind of run can be hoped for when several of the largest discount brokerages have their hands tied. Do you believe there are enough people at your brokerage to generate anything more than a mild 'pop'?

Mark's next target needs to be the chill, and it needs to be worked on while he is working with FINRA. This has not been corrected with the Form 10, and will not be automatically corrected with the 211, Mark/MM/lawyer needs to approach the DTCC directly. Removal of the chill will even help if we never leave the Greys, in that it will make it possible for more trades at more firms.

I am not knocking anything that has been accomplished with the Form 10, just trying to point out that we still have a long way to go yet.

Happy New Years Pikers!! Maybe 2015 will be our year (and if not then maybe 2016, 2017,....)!! wink

In case I forgot to mention it above, Always Just My Very Humble Opinion

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