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chrisbooth

02/03/14 12:05 PM

#50015 RE: Ionthefuture #50008

Ok so help me out. How is this good news? And dont read this as negative or anything i'm really just trying to figure it out.
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cazual

02/03/14 12:20 PM

#50019 RE: Ionthefuture #50008

Have my call in to the SEC and a few market makers...should see improvement soon:)
GO SVFC $$$$
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SitFly

02/03/14 12:22 PM

#50021 RE: Ionthefuture #50008

How long should this take to resolve?
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Ionthefuture

02/03/14 12:24 PM

#50022 RE: Ionthefuture #50008

well news breaks all trends, but w/o a PR they have 13 days to clear out the fails-to-deliver, but every day that ticks by will likely raise the pps (their risk greatly increases at least), so they're going to want to do it asap imo

EDIT: I misread the regulation, it doesn't say "within" 13 days, it says that they must "close-out all failures to deliver that exist in threshold securities for thirteen consecutive settlement days".

that's a hell of a lot more pressure, this should resolve rather quickly. good.