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Microcap & Penny Stocks : What-Are-My-Motives WAMM THREAD - HIDDEN AGENDA'S ON SI

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To: Bill Ulrich who wrote (116)7/28/1998 5:24:00 AM
From: EL KABONG!!!   of 407
 
MrB,

I don't know if you have to cover when a stock is delisted. What do you do if a stock is halted? No one can buy or sell, so no one can cover. Everything's in limbo. If the stock never resumes trading, I guess it like a game of hot potato. Whoever's left holding the stock is out. I guess that would include MMs who were naked shorting, except they make money on the deal. I would think that there must be some arcane rules somewhere that cover this situation, but darned if I've ever seen them.

Going to sleep here. Head hit the keyboard. Fortunately, airbag in the space bar activated to prevent any damage to my keyboard. Good night.

CL
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