Starfleet Innotech Inc (SFIO)

[EliteYoda]

Yea, it really blows for sure that ST clients will still be blocked from trading (especially when you are a ST client with settled shares) but who knows ST is a large institution so they may work out some alternative clearing/routing specifically for SFIO at open on Tuesday. All the discussion about the 'block' sounds very scary but really it is just a kind of process for settlement that does not allow day trades (in and out of the stock on a particular day, next day fine to liquidate) AND it stipulates that only real cash and real shares can be exchanged and in an orderly way (no more MM tactics with phony shares).
On Tuesday morning minutes before the bell I would attempt a sell order in the account to see if it can be submitted, if by then you still cannot submit any kind of sell order then call ST. If enough irate investors call ST in the morning then they could feel pressure to resolve the matter, which I think must be in the scope of possibilities for such a large institution.
GLTY