Yes under the SHO threshold rule who ever is short has 12 more days to cover their position or can be forced by the SEC to do so. I called VFIN awhile ago. I called the wrong office. The trading desk is in Boca Raton, Fl. I called the main investment banker in N.Y.! The dude's name was John and I talked to him for about 30 min. I was trryin to pry any information that I could out of him for you guys and did'nt really get anywhere. He could not explain why the trading desk was cutting in front of the line and lowering the price unless there was a buy order to fill. He said they do not "push paper" like clyp or vert, so once again I know that no dilution has occurred. I told him whether they had a huge short position or where trying to fill/get as many shares as they can at this price, he couldn't answer as he wasn't with the trading desk. I told him, once the first of the year comes around that you guys would get ran over! I also said that regardless of the tricks employed, that they where not going to get the shares that they seek to fill a large buy order or to cover millions of shares short. Just isn't going to happen I told him. I also told him that no one is selling nothing under .50 and that if they are short they will just have to get caught with their hands in the cookie jar!
Ok I would call the trading desk, but I had to recharge my phone. I got the answer I sought I believe and they are either short or have/had a order to fill. Mr. trendGreen
A WinningTrade is the only Trade to Have.
AI
