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kgs

03/16/11 12:35 PM

#8324 RE: HighPriestess #8323

I have seen this before, what we are seeing is normal. The new cusip requires the brokers to exchange all shares to reflect the new name and cusip.The process is normally completed in 3 business days. Although I don't like to get involved in the "short shares" debate I will say that if it turns out MMs do not have possession of all the shares they have sold while clearing, it will be discovered during the exchange and will likely cause a squeeze on them.If this happens we will all know it.GLTA
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was GoldenDD

03/16/11 12:37 PM

#8325 RE: HighPriestess #8323

forget FINRA, this is pinky world everything and anything goes.. They call ths the Wld west,lol
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lmcat

03/16/11 12:42 PM

#8326 RE: HighPriestess #8323

TransGlobal Assets, Inc. TMSH
OTCQB / Common Stock

0.16-0.02 ( -11.11%) Real-Time OTC-BBO 0.15 x 0.16 (5000 x 5000) Trade Time 12:11 PM ET
Short Sales
Date
Short Interest % Change Avg. Daily Share Volume Days to Cover

Feb 28, 2011 3,894 14.77 142,975 1.00
Feb 15, 2011 3,393 35.02 128,520 1.00

http://quotes.freerealtime.com/dl/frt/M?IM=quotes&symbol=TMSH&type=Time%26Sales&SA=quotes
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was GoldenDD

03/16/11 12:47 PM

#8327 RE: HighPriestess #8323

Yep tried to buy 10 k shares , does not go through. When is ths going to get solved??