InvestorsHub Logo
Followers 18
Posts 1412
Boards Moderated 0
Alias Born 11/26/2006

Re: flaflyersfan post# 6065

Wednesday, 01/27/2010 6:14:48 PM

Wednesday, January 27, 2010 6:14:48 PM

Post# of 7027
My understanding, based on discussions with Etrade is...The DTC has suspended all electronic settlements on this stock, not the SEC. Those shares sold before the DTC acton will be honored and allowed to settle. The suspension by the DTC came as a result of the SEC lawsuit. It is possible to sell them if you can find a broker to take your shares, sell them and settle the old fashion way by paper routing. It can be done. Sucks to get caught-up in this mess....

All posts are my opinion, not buy or sell recommendations.

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.