Zicix Corp (ZICX)

[RabidAnimal]

Yep!

I'm in the one a day club as well! Don't think that I'm not still here and holding! I've said it before that I was comfortable with my initial DD...and nothing has changed. Thanks for the post. So far the company has been extremely good with following up with their PR's, and I was confident that they would based on their last couple of PR's. The time frame you mentioned sounds about right.

I'm not saying that there is a connection but on May 10th (early/mid May) the SEC is implimenting the amendments to regulation SHO. Yes, that involves short sales. Considering this is from the Federal government it isn't the easiest reading material, but I included the basic point and the link if anyone would like to see it.
http://www.sec.gov/rules/final/2010/34-61595fr.pdf

With respect to the proposed circuit breaker approach, we proposed two basic alternatives. First, we proposed a circuit breaker rule that, when triggered by a significant price decline in a particular security, would temporarily prohibit any person from selling short that security, subject to certain exceptions (‘‘proposed circuit breaker halt rule’’). Second, we proposed a circuit breaker rule that, when triggered by a significant price decline in a particular security, would trigger a temporary short sale price test for that security. In connection with this alternative, we proposed two short sale price tests. One was the modified uptick rule—that is, we proposed a circuit breaker rule that, when triggered by a significant price decline in a particular security, would temporarily impose the proposed modified uptick rule for that security


In a nut shell, if the PPS drops below a predetermined level a security is not allowed to be shorted. If I read it correctly this covers all securities and not just certain segments. If BEDA is planning on releasing some news, I could be wrong but it may stand to reason to release it at this time frame considering the new SEC rules for shorts constrain the shorts and favor the more traditional traders.

Hopefully I got some good value out of my one post today! I believe that the spring is compressed and ready to pop!

Good Luck,
RA