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  4. Imagination TV, Inc. (IMTV) Message Board

shaohui li: so you still put DTCC on PNCH shaohui

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Post# of 45510
Posted On: 12/11/2012 10:10:48 AM
Posted By: robie
Re: robie #12303

shaohui li: so you still put DTCC on PNCH


shaohui li: so why your company wants to short PNCH??


Alpesh: I can understand the situation, the stock is under the DTC Non eligible list based on the regulatory guidelines which can be reviewed on the following page:


Alpesh: Non DTC


shaohui li: it's only on Questrade's DTCC, not from SEC, your company want to short PNCH, that's why you put DTCC


Alpesh: While I can understand your viewpoint on this. The decision to place a stock in Non DTC eligible list is based on the regulatory guidelines.


shaohui li: 2 months ago, TDA put this kind of faked DTCC on it, and was lifted


shaohui li: but SEC didn't put this kind of limit on this one, so why you put a limit on this?????


Alpesh: Unfortunately, I am not able to comment on that, but I can assure you that the action is based within the compliance guidelines.


shaohui li: so when will you lift the ban on this one? cause I know only Questrade put ban on this one now


Alpesh: Unfortunately, I am not able to comment on this, the stocks are periodically reviewed for their eligibility and our compliance team will review it at regular intervals.


shaohui li: don't sell short on this one, it's very dangerous


Alpesh: I appreciate your views on this.


Alpesh: Is there anything else I can assist you with today?


shaohui li: no,


shaohui li: just want to know when can i buy PNCH on line


Alpesh: As mentioned earlier, all stocks including this one are reviewed for eligibility for online trading, this may be available in future, but I am not able to comment on the time.


shaohui li: do you have a timetable  of when to stop shorting and put it back on normal?
shaohui li: do you have a timetable of when to stop shorting and put it back on normal?


Alpesh: No, the review is done per our internal guidelines.


shaohui li: ok, i know you are  shorting on this one like TD bank
Alpesh: I am not able to comment on this


 



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