Reverse Split Round Up Share Plays

[today32]

> I would be worried about their new low price security policy on top of the possiblity that CAGTF was not DTC eligible since the 20 day ADV for CAGTF is only about 400 shares.

I found the policy here, but I can't really decipher whether my CAGTF 100 share trade today is going to qualify for that... Any thoughts?

"An NSCC Illiquid Deposit Requirement is applied when a customer sells more than 25% of the average daily trading volume of a security during any three day settlement cycle. The amount of this Deposit Requirement depends on the percentage of the Average Daily Volume represented by the open sales. The Deposit Requirement has very little relation to the value of the trade, and is generally at least ten times the trade value and may be one hundred times the trade value, or even more. This Deposit Requirement is incurred even if the customer owns the shares and even when Penson has these shares long in its DTC account. The Deposit Requirement is imposed during the time period between trade and settlement date. "