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ryanmnly

08/09/10 11:05 PM

#21923 RE: mytigger #21922

It hasn't been flagged yet for today. We don't know for sure yet. Also, key word being "legally." I read up on it and the rules seem pretty direct in regards to it. However, it's been up for 20+ days before with no repercussions. Being the SEC who enforces it, I'm not hanging my hat on it having any ripping effect.
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howardriggin

08/09/10 11:12 PM

#21925 RE: mytigger #21922

Guys.MM's can keep selling shares till the year 3000 with GRNO.
No one will stop them.The SEC???Will never happen.
Hope we can stop anyone who wants to sell when it dips to .10 and below.
This is what the makers will do.
Again,they have more power than you think.
Keep up the fight.
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BDkeg

08/09/10 11:14 PM

#21926 RE: mytigger #21922

there is no legal obligation for these FTDs to be covered or cleared up through the DTCC/x-clearing, hence why you can see a security on the threshold list for over 13 days. However, after 13 days said market maker must clear up their FTDs and the security must be off the list before they can continue to short the security.

hope this clears up any confusion on reg-sho.
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onehundredmph

08/09/10 11:16 PM

#21928 RE: mytigger #21922

I understand that GRNO has been flagged however, my question was are they mandated not to create more air shares or is their another reason why their are no more short sells available?