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Re: chumppunk post# 113602

Wednesday, 09/02/2020 4:56:18 PM

Wednesday, September 02, 2020 4:56:18 PM

Post# of 236602
Nahhhhhhhh, If NP said that, NP fibbing (lying) again, naked shorts (which is illegal) would be s-o-l.

Changing the stock cusip number results in each share with the old cusip number having to be exchanged for a share with the new cusip number, which causes each short position to have to prove the borrow. Naked short positions would be unable to comply and those positions could have to be covered by purchasing shares with the new cusip on the open market.

No uplist for NASDAQ. That ship has sailed.

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