News Focus
News Focus
Followers 6
Posts 857
Boards Moderated 0
Alias Born 11/12/2014

Re: Investor_cmz post# 11161

Friday, 12/11/2015 7:30:39 PM

Friday, December 11, 2015 7:30:39 PM

Post# of 35704
Under SEC Rule 144, a 10% and greater holder is an "affiliate" and has "control securities". Insiders have the same restrictions. A holding period is normal, but there are other restrictions.

The Trading Volume Formula is in play here for Control Securities. For an OTC stock an affiliate can sell no more than 1% of the outstanding shares in any three-month period. That's pretty restrictive and should keep any 10% or + holder locked in. They obviously know this rule, so if they go to 10% we know they're thinking hold, not sell

Now....SHhhhhhhh...
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent MRKR News