There is nothing stopping the public from buying the
new symbol-stock. It will go into the buyers' account
as SFMI.
Market-Makers could be shorting the stock, since there
is obviously a shortage of stock at the moment.
However, I think that previous owners can still sell
their stock by calling their brokers. Just because the
certs are being transferred, does not mean that you can't
sell your stock that was in your account prior to the
name change and symbol change. It is just a book-entry
for the broker. If you owned the stock prior to the
split, you DO HAVE ownership, and therefore the right
to sell. The broker will get the certs early next week
and just adjust his position, against whatever you sold.
By the way, we are running about 70 million pre-split
shares per day on the volume. This is in-line with the
volume before the split. This is good news, as it shows
the buyers are still accumulating stock and that the
current price doesn't seem to phase them in the least.
In the last 30 days, HAVE YOU SEEN ANY SELLING ?
NO.
Only buying, so far.
This tells me the price is still on an upward path.
