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Re: Diegote10 post# 182402

Thursday, 04/30/2020 10:10:08 AM

Thursday, April 30, 2020 10:10:08 AM

Post# of 183214
No trades have gone through yet. DTCC still hasn’t opened it back up for trading. Most of the suspended tickers don’t see any trades start to go through until later in the morning or day.

And then there are other issues to overcome:

1) many brokers will not allow trading of grey market stocks

2) and even for those that do, buyers and sellers may have a hard time finding each other with wildly different pricing expectations.

3) then everything will be matched trades.

It is also possible this will just go illiquid quicker than expected.

This will likely be moved to the “Expert Market” tomorrow (an OTC concoction) which may improve liquidity a little since broker/dealers can then use OTCLink to share quotes privately between themselves.

Otherwise welcome to the grey’s.

"Harsh reality is always better than false hope"