SPAH short squeeze! Monday is going to be very ver
Post# of 1842
SPAH short squeeze! Monday is going to be very very interesting!
Date Reg SHO Threshold Flag Rule4320 Flag
Feb 23, 2012 Yes No
Reg SHO and Rule 4320 threshold lists notes if there have been 'excessive' fail to delivers for the respective security.
http://www.otcmarkets.com/stock/SPAH/short-sales
4320. Short Sale Delivery Requirements
(a) If a participant of a registered clearing agency has a fail to deliver position at a registered clearing agency in a non-reporting threshold security for 13 consecutive settlement days, the participant shall immediately thereafter close out the fail to deliver position by purchasing securities of like kind and quantity.
http://finra.complinet.com/en/display/display...nt_id=9398
Yes!
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