Several online brokers such as Interactive and Amertrade etc will not hold paper certs, which is required since Hemi is not in compliance with DTC. Of course the ironic thing is that since Hemi can only trade via the paper Cert transfers, it should make it impossible to naked short, but it still is NS'd. Don't, understand How they can do that with a stock that requires holding the paper by the broker.
Anyway, Keith should fix this DTC compliance issue, its been over a year. Without DTC, several brokers will not trade the stock, they will let you buy it, but as soon as they see the DTC issue they put a sell only restriction on it. IB, recently went the next step and sent the cert to me and told me to get that HMGP out of their system. can't even get a quote. This is BAD and chances are more will do the same the DTC is not Fixed.
Part of the DD would include questioning this problem, imo. Sure family and friends of many here might settle with finding a broker who will trade Hemi, but many will see this DTC issue as a big RED flag and will not buy. Plus you have the problem of a terrible small cap investment year, where small caps have lagged behind and for many very in the red. People will go with the 'save' bet and buy the big caps. IMO, these kind of issues turn the big investors away.
AI
