Monday, May 23, 2022 10:58:06 AM
The poster suggested bugging management constantly about DTC. That isn't the (only) problem. NSAV has intentionally not joined DTC. Ostensibly, because it makes it easier to short, but that's a red herring.
Anyone with half a brain knows you don't short penny stocks, (because it makes no financial sense) and almost no brokerage will even permit it. Etrade won't let you short anything under $5.00. It is in writing on their website. Call your own brokerage and simply ask the question - Can I short penny stocks? I've asked this question for years, but no one has ever told me of any brokerage that permits it - if you think you can short NSAV with your brokerage, tell me the brokerage and I will call them myself.
So, will NSAV run? Most likely, since it did it twice last year. BUT: we don't know why.
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