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Re: RIPPER post# 66354

Sunday, 09/30/2012 11:33:24 PM

Sunday, September 30, 2012 11:33:24 PM

Post# of 97615
My broker and another broker told me that since there is no shorting aloud in the Greys that anyone that had a short position must cover the first day trading starts. So since we know there are close to 300 k shares short here I would advise if anyone wants to sell they should wait til Tuesday or not sell under a dollar...


Nice story but it it is not true. All that matters is having a borrow and putting up the margin. It makes zero difference if grey, NYSE or OTC.