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Re: SwissCheeseAccount post# 77408

Wednesday, 02/21/2018 1:27:49 PM

Wednesday, February 21, 2018 1:27:49 PM

Post# of 111143
I called yesterday the guy told me my order was approved on Dec 7, 17. I made an written inquiry yesterday checking the status. Now, 20 mins ago, another guy said those two are under chills. We have to wait till the chills cleared.

I don’t know what’s going on there. If they are worthless why bother to set a chill. So many BK stocks were heavily shorted, then disappeared totally. I don’t see any reason DTC wants to set a chill.
What is the purpose and function for chill? Counting the total and shorted shares on market? Make sure all brokerage firms cover all shorted shares and very the ownership of the shares? Tia