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TheFirm

03/30/24 9:54 AM

#7178 RE: Hummingbird2 #7173

You seriously must be 1) young and inexperienced or 2) literally have never been in the industry EVER...I remember the days when it was T-5, then it went to T-3 and basically it's been T-1 since advent of electronic trading and online trading... the SEC is just now making the change that everyone has already been doing. Especially when it comes to low price/penny stocks... you sometimes act like you found some sort of 'breaking' or "game changing" news, meanwhile this has been standard practice as I've tried to tell you over and over and over again..The real reason is the capital tie up.. I could explain it to you but i can't understand it for you.