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Strategies & Market Trends : Value Investing

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To: MCsweet who wrote (28095)9/17/2007 10:41:43 AM
From: pcyhuang  Read Replies (2) of 78748
 
McSweet:

Are you aware that:

1.(92%) of NFI's float has been sold short.

shortsqueeze.com

2. NFI has been on the NYSE's Threshold Securities List for 31 consecutive market days

buyins.net./tools/symbol_stats.php?sym=nfi

3. The new SEC's rules in regard to forced covering of naked shorts in "Threshold Securities"

Effective date: Oct. 15, 2007. SEC Requires all fails to deliver in threshold securities be closed out within 13 consecutive settlement days or, in the case of a previously-grandfathered fail to deliver position in a security that is a threshold securitiy on the effective date of the ammendment (Oct. 15, 2007), 35 consecutive settlement days from the effective date of the amendment.

sec.gov

pcyhuang
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