Replies to post #15506 on Sphere 3D Corp (ANY)

[streamingeagle88]

GSmart

Where is ANY courting investors next week?

[struftepete1]

A few sources, the R flag came up on the E-signal Livecharts

LiveCharts - Special Trade Conditions

The following special conditions will appear as text next to a symbol in the Watch List window whenever these conditions occur:

Text Flag Description

R Special short sale restrictions. More on Restricted symbols below.
H Trading has been halted on this issue
X Symbol has gone X-Dividend
F Fast Market Indicator (For selected Futures markets)

What does the "R" next to NASDAQ symbols represent?
In LiveCharts, the red "R" indicates that there is a “short sale restriction” in place for the stock. Currently the red "R" designation is only displayed for NASDAQ listed issues. Short sale restrictions apply to NYSE, AMEX, and ARCX symbols as well.

How long will the "R" stay on the Watch List window?
The Exchanges in cooperation with the National Securities Clearing Corporation, publishes a daily list of restricted securities:

NASDAQ
AMEX
NYSE

What is Regulation SHO?
Regulation SHO provides a regulatory framework governing short selling of securities. Regulation SHO is designed, in part, to fulfill several objectives, including (1) establish uniform locate and delivery requirements in order to address problems associated with failures to deliver, including potentially abusive “naked” short selling (i.e., selling short without having borrowed the securities to make delivery); (2) create uniform marking requirements for sales of all equity securities; and (3) establish a procedure to temporarily suspend Commission and SRO short sale price tests in order to evaluate the overall effectiveness and necessity of such restrictions.

What securities qualify for this short sale restriction?
There are 2 methods for determining what symbols qualify for this short sale restriction.

Method 1 is an amendment (Rule 201 - AKA the alternative uptick rule) that introduces a circuit breaker rule that goes into effect when the trading center declares that a stock has decreased 10% or more from the prior day’s closing price. (which was the case on Dec 31)

Method 2 is defined in Rule 203(c)(6) of Regulation SHO - A "threshold security" is any equity security of any issuer that is registered under Section 12 of the Exchange Act or that is required to file reports under Section 15(d) of the Exchange Act (commonly referred to as reporting securities), where, for five consecutive settlement days:

There are aggregate fails to deliver at a registered clearing agency of 10,000 shares or more per security;

The level of fails is equal to at least one-half of one percent of the issuer’s total shares outstanding; and

The security is included on a list published by a self-regulatory organization (SRO).

A security ceases to be a threshold security if it does not exceed the specified level of fails for five consecutive settlement days.

For detailed information, please visit the SEC's website at:
http://www.sec.gov/divisions/marketreg/mrfaqregsho1204.htm
http://www.sec.gov/spotlight/keyregshoissues.htm

(Source: www.Nasdaqtrader.com)