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Re: Mark102 post# 55653

Thursday, 06/01/2023 8:23:06 PM

Thursday, June 01, 2023 8:23:06 PM

Post# of 71141
Under Rule 204 someone who has shorted against the box (ie shorted against their own restricted position) has 35 days to clear or a buyin is forced.

When we do the math between how long MULN has been a threshold security and when the convertible prefs will be delivered it is just inside the 35 day requirement.

And it is an interesting coincidence that Muln showed up on the threshold list shortly after it was announced the Pref D distribution was delayed from May 15 to June 12.

This is Esousa, Ault et all waiting to cover their positions.

"Harsh reality is always better than false hope"

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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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