News Focus
News Focus
Followers 9
Posts 1625
Boards Moderated 1
Alias Born 11/11/2004

Re: alex1421 post# 13147

Tuesday, 11/07/2006 10:32:30 AM

Tuesday, November 07, 2006 10:32:30 AM

Post# of 82842
What I found on Pinksheets is that we are on the list for Rule 3210, but not for SHO Threshold flag, there is an N.

"NASD Rule 3210 defines threshold securities as any equity security of an issuer that is not an SEC reporting security and, for five consecutive settlement days, has:


aggregate fails to deliver at a registered clearing agency of 10,000 shares or more; and
a reported last sale during normal market hours (9:30 a.m. to 4 p.m., ET) for the security on that settlement day that would value the aggregate fail to deliver position at $50,000 or more."
http://www.pinksheets.com/marketactivity/reg_sho_list.jsp
Not sure what it all means, but volume has been increasing.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today