InvestorsHub Logo
Followers 18
Posts 810
Boards Moderated 1
Alias Born 10/29/2010

Re: Ifoldallday post# 17335

Monday, 07/18/2011 1:44:39 PM

Monday, July 18, 2011 1:44:39 PM

Post# of 114731
I forget what ticker, but I saw this happen before, where actually instead of doing a R/S they did a F/S at a much, much higher ratio. ST made that big bumble ... hopefully folks don't dump shares they don't legally own, as it is my understanding (feel free to correct me if I'm wrong) that there is still responsibility on the part of the shareholder to not sell shares they don't own, regardless of what a brokerage shows in their account. To sell those shares and not own them is equivalent to a short sale, although with SHAR's recent performance, probably not much danger.

Oh well, SHAR will have her day again someday, maybe...

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.