Replies to post #19488 on A123 Systems fka AONEQ

[tradingfunds]

Bullrun4u wrong: Some funds can and do hold shares listed down here. Your making a general statement that "ALL" funds can "NOT" hold when a stock goes from the Nasdaq to the Pinks and I can guarantee you are WRONG. Not "ALL" funds operate under the "SAME" guidelines and "RULES". I know guys that run "FUNDS" or have small "FUNDS" and if they want they can buy whatever their "FUND" is permitted to BUY HOLD TRADE OR SELL.

You might be thinking a MAJOR fund would not hold or buy a pink and you are right but your statement saying ALL" funds dumped or can "NOT" hold by law is 100% WRONG!

Bullrun4u Member Profile Bullrun4u

Monday, January 21, 2013 1:57:38 PM
Re: Opti Mist post# 19482
Post # of 19493
There is no way your list is accurate first of all I know from a fact that funds are not allowed to own a stock when it goes from Nasdaq to the pinks so they have to unload the shares. So no way this list is accurate ALL FUNDS HAVE UNLOADED OR DUMPED THEIR SHARES BY LAW. Look it up in SEC RULES .

[Opti Mist]

Couple of points.

1st,it is difficult to get any up-to-date list of ownership. The list I provided is from eTrade at: https://www.etrade.wallst.com/v1/stocks/ownership/institutional.asp

Whereas it is likely not as recent as 1/21/13, it has to be fairly recent and it does not show Wanxiang as an owner. That is telling.

2nd, with regard to funds not being allowed to own a stock delisted from NASDAQ, the actual delisting just happened on January 9th. Surely the funds have some time to sell.

Delisting of Securities of GrayMark Healthcare, Inc., A123 Systems, Inc., KIT digital, Inc., Bidz.com, Inc. and THQ Inc. From The NASDAQ Stock Market 4:05 PM ET 1/9/13 | GlobeNewswire

The NASDAQ Stock Market announced today that it will delist the common stock of GrayMark Healthcare, Inc. GrayMark Healthcare, Inc.'s stock was suspended on November 06, 2012 and has not traded on NASDAQ since that time.

NASDAQ also announced that it will delist the common stock of A123 Systems, Inc. A123 Systems, Inc.'s stock was suspended on November 07, 2012 and has not traded on NASDAQ since that time. https://www.etrade.wallst.com/v1/stocks/news/search_results.asp?symbol=AONEQ