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Post by promann on Mar 2, 2017 9:14:17 GMT -5
Anyone else have there shares returned. I would be interested to know if this is in anyway with the RS. News or not
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Post by agedhippie on Mar 2, 2017 9:19:26 GMT -5
Anyone else have there shares returned. I would be interested to know if this is in anyway with the RS. News or not It's the R/S. The CUSIP changes so everything gets recalled, replaced, and loaned out again. |
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Post by agedhippie on Mar 2, 2017 9:22:45 GMT -5
It may have implications for naked shorts though because the stock has to reconciled. Not sure if I am right or not, I would need to think about that a bit.
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Post by promann on Mar 2, 2017 9:24:53 GMT -5
Anyone else have there shares returned. I would be interested to know if this is in anyway with the RS. News or not It's the R/S. The CUSIP changes so everything gets recalled, replaced, and loaned out again. They did not give a explanation only that they were returned.. How does this effect the shorts if all the shares are returned? |
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Post by mnkdnewb on Mar 2, 2017 9:27:15 GMT -5
It may have implications for naked shorts though because the stock has to reconciled. Not sure if I am right or not, I would need to think about that a bit. FYI, the last figure I heard was there were about 750 naked shares that were shorted. I could be wrong, but I don't think the naked shares will have much of an impact one way or the other |
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Post by kbrion77 on Mar 2, 2017 9:28:25 GMT -5
Anyone else have there shares returned. I would be interested to know if this is in anyway with the RS. News or not You loan your shares out yet rip on posters here for non-pumping and basically posts based on reality? That is interesting. |
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Post by Deleted on Mar 2, 2017 9:29:26 GMT -5
It may have implications for naked shorts though because the stock has to reconciled. Not sure if I am right or not, I would need to think about that a bit. FYI, the last figure I heard was there were about 750 naked shares that were shorted. I could be wrong, but I don't think the naked shares will have much of an impact one way or the other but few folks add up all the naked shorts over the years and moan that billions of naked short shares are flooded in the market  Is that not the case? You must be stating #alternativefacts. |
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Post by agedhippie on Mar 2, 2017 9:41:41 GMT -5
It's the R/S. The CUSIP changes so everything gets recalled, replaced, and loaned out again. They did not give a explanation only that they were returned.. How does this effect the shorts if all the shares are returned? Technically the short position evaporates as all shares are recalled. What really happens is nothing. The short position is adjusted and left in place. Once the split is completed the broker must borrow new stock to cover that naked position. If they cannot get sufficient stock they will close the position at market. There is relatively little impact since usually anyone who was lending before will be lending afterwards. |
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Post by agedhippie on Mar 2, 2017 9:44:11 GMT -5
It may have implications for naked shorts though because the stock has to reconciled. Not sure if I am right or not, I would need to think about that a bit. FYI, the last figure I heard was there were about 750 naked shares that were shorted. I could be wrong, but I don't think the naked shares will have much of an impact one way or the other I agree with you, but assume for a moment that there is a huge naked short position. Would this event have an impact on those shorts? If the answer is yes then this is the acid test as to the naked short thesis. |
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Post by mnkdnewb on Mar 2, 2017 9:45:47 GMT -5
FYI, the last figure I heard was there were about 750 naked shares that were shorted. I could be wrong, but I don't think the naked shares will have much of an impact one way or the other I agree with you, but assume for a moment that there is a huge naked short position. Would this event have an impact on those shorts? If the answer is yes then this is the acid test as to the naked short thesis. I think it would then. But they would have seen this coming and covered them over the last couple weeks don't you think? I am very curious to see how things go today / tomorrow |
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Post by Deleted on Mar 2, 2017 9:46:16 GMT -5
Anyone else have there shares returned. I would be interested to know if this is in anyway with the RS. News or not You loan your shares out yet rip on posters here for non-pumping and basically posts based on reality? That is interesting. It is a sad fact that I also have a difficult time digesting. |
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Post by agedhippie on Mar 2, 2017 9:57:55 GMT -5
I agree with you, but assume for a moment that there is a huge naked short position. Would this event have an impact on those shorts? If the answer is yes then this is the acid test as to the naked short thesis. I think it would then. But they would have seen this coming and covered them over the last couple weeks don't you think? I am very curious to see how things go today / tomorrow This move comes as a surprise to the market so I think it may already be priced in. I am not expecting a huge move. |
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Post by orlon on Mar 2, 2017 10:20:58 GMT -5
750 shares out of nearly one hundred million? Really??
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Post by derek2 on Mar 2, 2017 10:26:24 GMT -5
FYI, the last figure I heard was there were about 750 naked shares that were shorted. I could be wrong, but I don't think the naked shares will have much of an impact one way or the other but few folks add up all the naked shorts over the years and moan that billions of naked short shares are flooded in the market Is that not the case? You must be stating #alternativefacts. Another rationalist! The most recent number is actually at 48,537 shares as of as of the last report (Feb 14), but that's 5 minutes of trading volume. www.sec.gov/foia/docs/failsdata.htm |
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Post by porkini on Mar 2, 2017 10:44:11 GMT -5
Anyone else have there shares returned. I would be interested to know if this is in anyway with the RS. News or not It's the R/S. The CUSIP changes so everything gets recalled, replaced, and loaned out again. So, if recall/replace/reloan is what happens, is there a reauthorization by the lending shareholder or does it happen automagically? If not automagically, what a wonderful opportunity to say no to lending your shares to shorts! Just thinking... |
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