InvestorsHub Logo
Followers 27
Posts 2968
Boards Moderated 0
Alias Born 04/14/2014

Re: jfkspire post# 106513

Thursday, 04/16/2015 9:12:57 AM

Thursday, April 16, 2015 9:12:57 AM

Post# of 123645
That is not true Percival. If marked short, the trade must be settled in 72 hours with physical delivery of the securities. Theoretically the MM would have 14 days to resolve it before being marked FTD which would have the MM in deep dookie and would probably be facing problems regardless of resolution. There's too much risk for any MM to play around in this arena especially with a stock like MRIB where there is so little profit to be made. It's like risking an armed robbery to knock over a fruit stand.