Re: FLA Post# 89857 NEW RESTRICTIONS ON DILUTION!! [THE WORD ON THE STREET] Quote: tomorrow fwd they're gonna place insane restrictions on how much dilutive paper funders can sell on sub penny plays...and theyre gonna force penny funders to put up large cash collateral to even dilute sub penny plays moving fwd based on their newly imposed ARC rules sub penny funders will still be able to dilute...but only if they put up large cash collateral...and even then theyre gonna be subject to only selling small daily amounts based on the 20 day avg liquidity in play k Call it an "illiquidity premium" based on alpine's new Adjusted Risk Capital rules because tomorrow forward Alpine clearing will no longer be X clearing is all I know so far. Also BMIC's getting shut down tomorrow
Quote: Alpine's brokers will definitely be warning their clients as much as they can...all's I know for sure is that there's been rumors for months out there...so if I had to guess I would say all that earlier poster speculated about happening this Thursday is true...and we will know for sure by Thursday right.
The bonus for us joe retail penny players will be finding all the penny companies out there with funders locked out from selling their dilutive paper right hahahahaha weeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
I just heard a recording of a conference call. Alpine Securites is essentially locked out of Ex clearing. A $38-50m capital call is required to keep alpine securites open. IMO Alpine and it’s clients are not short 38-50m but at least 4 or 5 times higher. Alpine IMO is out of business by Friday afternoon.
"What I've heard so far is that all brokerage firms that use alpine clearing are gonna be imposing strict illiquidity rules on penny funders making it virtually impossible for them to liquidate their aged debt dilutive paper without posting insane cash collateral. But tomorrow forward is gonna be when we start getting concrete answers on the new landscape because tomorrow is supposed to be when MM' BMIC gets shut down!"
Law360 (April 2, 2018, 7:49 PM EDT) -- A Manhattan federal judge gave the U.S. Securities and Exchange Commission a partial victory in its suit against a brokerage firm that allegedly failed to file clear and timely Suspicious Activity Reports, ruling Friday that a sample of SARs the agency flagged were “woefully inadequate.”
Alpine Securities Corp., a Utah-based broker that clears trades involving securities that trade for a few cents or fractions of a penny, is said by the SEC to have omitted crucial information from thousands of SARs for years. Alpine said the...
ADTM AIMH ALL AMFE ANDI ANY BKPPF BRKK CRSM DIRV DSGT EAPH EPAZ ETFM FUSZ GOOD GRCV HAS IFXY IGNE LDSR LRDR LTNC LVVV MAXD MMEX MYDX NECA NWBO OCSY ONCI OWCP OWVI PLSB QEBR RNVA RUN RXMD SIPC SNPW SRMX SSOF STSC SWHI TXTM UTOP VMGI VTNL WRFX
Replies: Good! Thanks for the info! Stock Predictor on 4/11/2018 7:34:58 PM Hell ya this is sweet news man. Making CaptStockWolf on 4/11/2018 7:48:07 PM If this is true then this is "probably" Ikeboogie on 4/11/2018 8:09:45 PM $PKGM..Interesting..Another outfit will probably take their place if Bruce the Stock Guy on 4/11/2018 8:36:39 PM Hallelujah!! Regulation where regulation is needed !! BRICK_TOP on 4/11/2018 9:07:29 PM WOW Nice work SM PENNIEStoSTACKS on 4/11/2018 9:09:33 PM Noooooooo....?Stop it.......?? greenbayslacker on 4/11/2018 10:01:34 PM Definitely a start, be interesting to see how HighlandSkye on 4/11/2018 10:42:40 PM Looking forward to see if there is any Truenorth2016 on 4/11/2018 11:26:31 PM HUGE Chiron on 4/11/2018 11:32:30 PM VERY IMPRESSIVE INFORMATION BRO. THANK YOU VERY MUCH. powerbattles on 4/12/2018 12:48:02 AM WORD! TY SM MoneyWorksForMe on 4/12/2018 12:50:52 AM http://www.dailyreportingsuite.com/securities/news/SRD20180402 pacman181 on 4/12/2018 2:43:55 AM Looks like PKGM may indeed be one on Smilin_B on 4/12/2018 3:29:41 AM Well does make interesting. kIthdEy_kAmA on 4/12/2018 6:15:58 AM lets hope these are better rules for us $treet $inatra on 4/12/2018 7:12:04 AM Wow. Nice. That is huge news across the Phyxius on 4/12/2018 7:33:26 AM Well BMIC just showed up on L@, guess ctvette2003 on 4/12/2018 7:44:08 AM