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Post# of 9902
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TenKay

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TenKay

Re: eastunder post# 8434

Wednesday, 09/13/2023 2:16:37 PM

Wednesday, September 13, 2023 2:16:37 PM

Post# of 9902
Actually not. People seem to think that the moment the stock is cancelled they get their money/collateral back.

Brokers take forever to process a stock cancellation, deem it worthless and cancel the short position.

In this case a short can simply close it now by covering and walk away with their money and collateral.

1) Do I own stock?
Answer: No. I don’t invest in penny stocks.
2) Why am I here?
Answer: I like debating things that I have a 95% chance of being right about.
3) Am I a paid basher?
Answer: Wait…what? You can get paid for this?

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