Starfleet Innotech Inc (SFIO)

[recinvestor]

Can anyone please answer a question about Tuesdays trading?

I bought shares on Friday with Scottrade using unsettled funds from another trade. What I understand as a possibility for Tuesdays trading is that some will be forced to buy and cover and will thus be forced to buy at whatever the ask is. So potentially the share price could run pretty high on Tuesday.

I won't be able to sell on Tuesday (because I used unsettled funds to buy which means I have to wait probably until Thursday or Friday to do anything, and that's only if DTCC removes the lock from ST).

Let's say the share price runs to .15, .25, .40, or whatever during trading on Tuesday....will it stay at those levels at closing? Or will it shoot up during the day and come back down before closing? And what about the next few days after? I'm wondering what the share price will look like after all the buyers who were forced to buy and cover have done so at potentially historic highs? Will I still have an opportunity late in the week to take some profits, or is the window of opportunity on Tuesday only due to certain circumstances?

Thanks to anyone who can answer with reason and educate!