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Re: N.A.T. post# 30749

Friday, 11/14/2008 8:57:22 AM

Friday, November 14, 2008 8:57:22 AM

Post# of 118239
NewbieAtThis, since you asked..........
if more shares are held by guys like us,then when this uplists there will be a "buy-in" of the oversold position, and there is a specific set of laws/Rules that govern how that is handled. Rule 203(b) is enforced, causing a fed margin call to the short brokers and broker dealers/mm's.
If you are holding shares long that have settled T+3 then you have nothing to do or worry about, but those that sold your broker the shares have to deliver what they sold, and the clock will be ticking for them, especially with this stock as it will be audited and uplisted.
The price is determined by the mm(s) on the new exchange, if they list this at Book Value at first without a market multiple, then once the audited numbers are known we can know what that Book Value is, and is where the stock will start from. If the shorts here woke up to a pps jump from the triple zero's to dollars then they will be scrambling (to say the least) to get good shares to deliver, they will be forced to pay what we're 'asking', period, they have to either get shares from us or the company, and if the company isn't selling stcok then we basically along with the new mm set the pps for the stock.
Of course, if news is put out concurrent with the uplisting that spurs new buying interest, then watch out shorty, lol!
Hope this helps.......

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