janice shell
9 years ago
Probably most of it is. I can't imagine why anyone would go long. If the SEC revokes registration, shorts probably wouldn't have to cover, though I'm not sure.
But the process, whenever it's initiated, will take at least several months. As earlier conversations here make clear, ever since the halt, shorts have been required to keep up their margin, and have also been stuck paying daily fees. So naturally they want out.
minten
9 years ago
No. It's Grey Market, nobody knows, there's no available Bid/Ask. The only info you get is Last Price.
You enter your order (limit of course), you choose your exchange if you can, and if you're lucky you get matched (as trades at other exchanges regularly trade through your limit price).
It sucks, but that's why it's Grey. You don't trade this junk unless you absolutely need too.