posted
It takes a few days to get the short numbers after filing and the shorts will scramble to cover...I just wonder how large is the squeezzzzeeee going to take this. NOBO was ordered on the third we might get some numbers over the weekend or begining of next week lets see
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posted
I started a new thread earlier today when it was at .0014 to give every1 heads up. Closed at .0018 with alot of buying pressure, will be a big play
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ill get in wednesday it wont be to late SSSU isnt done yet maybe wednesday should be around .035 maybe .04 then i might get out but usually when i do that it will run to where alot think this will go up around .10
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I just noticed the thread here and it caught my eye. Whats the big excitement about this stock and why do some of you think this is the next SSSU?
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The names of the ultimate beneficial owners of street name shares - i.e., the customers of the brokers and banks who have deposited the shares with DTC - are maintained by the brokers and banks, not by companies themselves. Recognizing that this system left companies without direct contact with a large proportion of their beneficial owners, the Commission adopted rules in 1983, which went into effect in 1986, requiring brokers and banks to provide companies with lists of "non-objecting beneficial owners" (or "NOBOs") who did not object to having their names and addresses supplied to companies.17 Objecting beneficial owners (or "OBOs"), which constitute an estimated 75 percent of shares held in street name,18 still may be contacted directly only by the broker or bank, or its agent. Although companies may mail proxy materials directly to NOBOs, as a practical matter they never do so, because current SEC rules require companies to forward proxy materials through brokers and banks regardless of whether they are also mailed directly.19 Therefore, companies only use NOBO lists to mail out supplemental materials, annual reports and quarterly reports, which do not have to be mailed through brokers and banks.20 Furthermore, because only the brokers and banks are legally entitled to vote shares held in street name, companies cannot use NOBO lists to enable beneficial owners to vote directly with the company.
Thank J_U_ICE for that (from another post)
-------------------- knowledge speaks but wisdom listens
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I'm curious if they need to re-file for the NOBO to get updated short numbers before they release that info? Or do they give the numbers based on the filing in October?
It's pretty obvious to me that the MM's are pounding away all over Pennyland...Shorting a sheet load of stocks...I sure hope this shorting situation improves and the SEC gets enough integrity to straighten it out...
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Amen to that Spartans!! Hopefully this one will go back up to .002 again, so I can bale out with a little bit of profit!! I held just a little too long on the second flip.
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hey FOSTR, a lot of green in here today!! Looks like a whole line of Christmas trees!!! LMAO. And with our PYPR in the red, we have the red for the decorations.
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