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Alias Born | 01/06/2017 |
Tuesday, August 10, 2021 9:27:42 AM
…I’m expecting $RIBS will be current tomorrow. It’s been taking OTCMARKETS 5 business days lately to make the switch from yield to current and tomorrow is the 5th day since the AL was submitted
…and regarding the other point that was made yesterday (by another poster) about shell tickers that may or may not be sent to the grey market; who really knows to be honest. With that being said, I do know 2 things
1) TD Ameritrade & Schwab will restrict stop sign tickers from liquidation only beginning this Monday
2) RM is the number 1 catalyst in the OTC
….so, regardless of what may or may not happen to shell tickers, $RIBS going current will allow trading to continue on all brokers and the shell will be coming off soon anyway because of the RM
I still do not believe that many realize how TDA and Schwab (2 of the largest brokers) restrictions will effect the market. It is going to destroy ticker liquidity.
$RIBS does NOT have to worry about this.
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