an update to my thinking update: lol Another th
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Posted On: 01/28/2017 10:04:40 PM
an update to my thinking update: lol
Another thing to consider is this; If the company was halted and got delisted without the consideration of the SEC. Hjoe would have to buy a shell and merge into it. A good shell can easily cost 250k and up. That means something fairly clean with the books. A crap one 50k+ If they did go this route - which btw won't - they would be up against the scrutiny of Finra; You see if there is a big enough short and naked short position on a stock that is going to relist. It could literally cripple half the brokers or brokerage houses in NA. SEC won't let that happen. What then? Don't make the shorts pay? Risk of OTC collapse can't happen.
The MM's and SEC will negotiate with the company a reasonable arrangement so both can function. lol.
How did I come up with this? I was in a stock where FINRA/ SEC didn't want to grant the company form 15c211. Everyime it was submitted it was rejected.
So the question remains: What happens once Hjoe relists or before they relist?
MMs set the market.
Finra and SEC talk to brokers about the huge short position and how it's going to be handled if able to handle. (Grin)
If they can't handle it 2 things can happen.
a) SEC - brokers you're on your own we can't help you - we make bank!
b)MMs- Houston we have a problem. This could bury the otc. lol (highly unlikely but one never knows) Rumor floated around about SEC doing away with the OTC all together.
c) I was bored this evening and thought about this..lol
c)
Another thing to consider is this; If the company was halted and got delisted without the consideration of the SEC. Hjoe would have to buy a shell and merge into it. A good shell can easily cost 250k and up. That means something fairly clean with the books. A crap one 50k+ If they did go this route - which btw won't - they would be up against the scrutiny of Finra; You see if there is a big enough short and naked short position on a stock that is going to relist. It could literally cripple half the brokers or brokerage houses in NA. SEC won't let that happen. What then? Don't make the shorts pay? Risk of OTC collapse can't happen.
The MM's and SEC will negotiate with the company a reasonable arrangement so both can function. lol.
How did I come up with this? I was in a stock where FINRA/ SEC didn't want to grant the company form 15c211. Everyime it was submitted it was rejected.
So the question remains: What happens once Hjoe relists or before they relist?
MMs set the market.
Finra and SEC talk to brokers about the huge short position and how it's going to be handled if able to handle. (Grin)
If they can't handle it 2 things can happen.
a) SEC - brokers you're on your own we can't help you - we make bank!
b)MMs- Houston we have a problem. This could bury the otc. lol (highly unlikely but one never knows) Rumor floated around about SEC doing away with the OTC all together.
c) I was bored this evening and thought about this..lol
c)
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