Replies to post #213288 on Spongetech Delivery Systems Inc (fka SPNGQ)

[z4lover]

no a FTD first has to not be delivered for T+3 and the 5 more days... and then if it is enough to hit the threshold it causes the stock to go sho...

And at that point the FTD is flagged and the individual or market maker who created the fail has 13 days to cover or deliver the share...