Replies to post #6364 on Banneker Inc. (BANI)

[mrfence]

That's the day the old shares come onto the market and nss shorts will be motivated to buy out old shares peeps dump for tax loss.

The rules get fuzzy. There are 10 day requirements plus 3 day extension, a flag preventing further NSS but not preventing legitimate retail shorts. All legitimate shorts have to cover before Friday but then naked shorts are naked and have to be forced to be bought back on another schedule depending if they were generated by FTDs or MMs.

Basically with what appears to be every form of shorting known to the market going on with BANID there will be a huge covering boil at some point or several points before, during or after.

Picking up a few shares here and averaging in on any further downtrend is a solid strategy if you have just a little patience IMO.

Besides it's so much fun :-D