InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,792.04
(
0.71%
)
US TECH 100
19,700.80
(
-0.13%
)
Dow Jones
42,512.00
(
0.00%
)
Brent Oil
77.22
(
0.76%
)
Bitcoin
61,221.61
(
1.06%
)
Post# of 346920
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

patchman

Send PM Follow Ignore
Followers 0
Posts 4227
Boards Moderated 0
Alias Born 08/27/2004

patchman

Re: moremagic post# 225279

Sunday, 10/04/2009 10:44:35 AM

Sunday, October 04, 2009 10:44:35 AM

Post# of 346920
moremagic. Shares issued by SpongeTech are issued in paper form through a transfer agent. selling those type shares are generally longer than selling electronic shares because the certs have to be re-distributed through the TA. If you look at the SEC rules, they allow as much as 35 days to settle 144 stock because of this type delay.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up