Exactly. I would imagine whoever is involved with the 2 billion + naked shorted shares on this stock is probably a little worried lately. Thats a large number to cover before September they are running out of time. Removing the grandfather clause says that all shares must get taken care of by deadline. It doesn't say if they want to take care of them they should. Its going to be a forced action imo. Lets just put it this way if they tried to cover quietly from here until deadline for enforcement that would be 45 mil shares volume per day. Obviously every day they put it off that volume number will go up drastically.
Several posters here including myself made reports to the SEC a few weeks ago reminding them of the large naked short position on this stock. The SEC welcomed the reports and thanked us for our diligence in pursuing the matter. The timing was also perfect as well as the GC was removed a week after we filed complaints about the naked shorted shares on GLBT.
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