Aluf Holdings Inc (AHIX)

[Cash47873]

In almost all cases certs are exchanged electronically. There is no "paperwork" to be done by the broker dealers. If there is a large short position it may delay the electronic exchange from DTC of the new certs until the position is covered by that Broker/Dealer.

Scottrade principally uses NITE as their MM. The collusion of ST and Nite on short side trades in the microcaps is notorious. It has long been alleged by many and the outward interpretation of their actions certainly speaks to this.