Failure to deliver. Now that's an interesting topic. We know the company has been buying back and retiring millions of shares which should result in the price of the stock rising as the supply of shares is reduced. Yet, the volume has gone crazy while the price has tanked. We all suspect it's naked shorting shares hitting the market. Some people seem to think it's all an elaborate dividend giving scam. Here we are, the last week of August when MM's have to settle their books and out of thin air, FINRA issues a halt. Hmmm... and on top of that, we're getting hints from posters that the company requested FINRA to halt the stock. Hmmm...yet every day that goes by, is one less day MM's have to settle their books. What will that outcome result in?
Did the company request FINRA to halt the stock to trap MM's into a failure to deliver situation?
Just where will all those shares come from to buy back?
I am more inclined to believe all this will result in victory for CRGP shareholders and a resumption of the stock trading at a more normal price.
Maybe FINRA's involvement will even result in a gap up on the day trading resumes.
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