InvestorsHub Logo
Followers 31
Posts 7596
Boards Moderated 0
Alias Born 04/09/2007

Re: janice shell post# 71085

Monday, 10/11/2010 5:06:24 PM

Monday, October 11, 2010 5:06:24 PM

Post# of 111214
1. In the theoretical scenario you propose, the broker wouldn't care. He'd pass the buy-in notice on to his client, and, if the client didn't cover immediately, he'd liquidate as much of the client's account as necessary.

2. Your scenario is indeed theoretical, because no buy-in notices have been sent to anyone. That would only happen if there were actual significant fails to deliver. If there were significant fails, EIGH would be on the Reg SHO list, and it is not.


not so and the broker would and should be nervous if there are naked shorts shares thru them.

Also EIGH has already pr'd that there is a problem with the share amount.

Watch and learn!