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Re: MrDemas post# 146383

Tuesday, 03/12/2013 2:48:07 PM

Tuesday, March 12, 2013 2:48:07 PM

Post# of 167964
Suppose their we're a bunch of NSS shares when SRGE got suspended and sent to da Greys. People say there is no shorting in da Greys !! What happens to the NSS shares then? no shorting in da Greys? Right? They couldn't cover. Is that right?

No. Of course the MMs would have been holding some shorts the day the stock was suspended. That always happens. And so they'd have covered the day the stock reopened for trading. There were a great many sellers that day; all the MMs had to do was buy.