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Re: patchman post# 23714

Saturday, 03/13/2010 1:45:42 PM

Saturday, March 13, 2010 1:45:42 PM

Post# of 44103
Per patch:

"In theory, and I explained this to Sterling, a company could be on the Reg SHO list and after being on that list, not trade for 5 consecutive days (ZERO Volume short or otherwise) and still be on Reg SHO afterwards.


"And the volume that creates an FTD could be a short sale, could be a long investor"

"and could be a long seller who held shares in certificate form and the trade simply took longer to settle because the paper route is less efficient and requires the US Mail system and transfer agent to input work that an electronic trade does not."


Ok, Patch, I appreciate the hypothetical examples and could be's about the (US Mail system?)We are talking about BEDA here, and obviously there has been plenty of volume,

With due respect, I admit I am a novice so you can feel free to beat up on me...but just do this for me as well, break these numbers down in layman's terms...LAYMAN's terms and the facts of exactly what they mean from yesterdays SHO and I'll go away. Much appreciated.



This number This number
20100312 BEDA 45,235,172 / 83,262,944 54%

Thanks!