Replies to post #13161 on CyberKey Solutions fka CKYS

[Cause]

Here's a link explaining the rule 3210.

http://www.nasd.com/RulesRegulation/NoticestoMembers/2006NoticestoMembers/NASDW_016719

Maybe some of us can place some calls.

[Arrow335]

I don't understand why the SEC doesn't make it Illegal to short pennies in the first place. Average retail investor can't short pennies. Talk about an unfair advantage, Criminal IMO.

[IHDR]

This applies to CKYS ......

NASD Rule 3210 defines threshold securities as any equity security of an issuer that is not an SEC reporting security and, for five consecutive settlement days, has:

aggregate fails to deliver at a registered clearing agency of 10,000 shares or more; and
a reported last sale during normal market hours (9:30 a.m. to 4 p.m., ET) for the security on that settlement day that would value the aggregate fail to deliver position at $50,000 or more.