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Tuesday, February 12, 2019 7:29:26 PM
I moved all my shares to a cash account and placed a sell order GTC at $4.39.
Let me clarify something to all $SHMPers!!!
First and foremost: "naked shorting" is an MM option only which does not care if any or all, or no shares are "locked". It is called Naked Shorting because they sell shares that do not exist. The SEC has failed to remedy this issue!
For anything that is not Naked Shorting this is what it is:
If you hold your shares in a margin account and have placed a sell, limit order at anything more that 200-300% of the current SP, then your share ARE STILL FAIR PLAY FOR MM AND SHORT SELLERS!!!!!!
If your shares are in a CASH ACCOUNT WITH A SELL LIMIT ORDER AT SAY $1, $2, $3, 4, OR ANYTHING ELSE, THEN IT IS UNTOUCHABLE!
When I say lock your shares, I mean do as I do: place your long term shares in a cash account and place a sell limit order at some desired high price!
Do you feel me?!!
If you have a margin account and have your $SHMP there, it is a MYTH that you have locked them unless you do what many I know have done and what I did!
Now, LOCK YOUR SHARES!!!!!!!!!!!!!!!
Creating a cash account is as easy as 1, 2, 3.
It may take 2 days for your financial investment platform to transfer shares from Margin to Cash, but it is worth it.
LOCK YOUR SHARES.
NSX
My research and my opinion. My opinions is not a recommendation to buy or sell a security. Your decision whether or not to make a purchase should be based on your own due diligence.
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