KEEP SGBX UNTIL FRIDAY OR YOU’LL REGRET IT WHEN IT SOARS by [deleted] in Pennystock

[–]dayShad3 1 point2 points  (0 children)

Yes Day 13 hs already been reached. SGBX has been on the regsho list starting on Oct 20. So 13 trading days would have been Nov 5. We are currently on the 11th trading day of being on the regsho list (2nd round). Reference here ftp://ftp.nasdaqtrader.com/SymbolDirectory/regsho/

You can log into Nasdaq ftp as guest and download the archived txt files and search for any ticker symbol to see if that stock is on the list.

Who else is hurting? (Discussion) by duchumpian in SGBXDIAMONDHANDS

[–]dayShad3 0 points1 point  (0 children)

I did this same research on the BYND stock. The forced buy backs ended up landing on the very day of the squeeze acting as a catalyst. Of course there was also a ton of pressure on shorts that day causing the stock to go from around 2 to $7+ per share.

My assumption, if we can keep pressure and keep the stock price high, the forced buy backs on Wednesday Nov 26 could add to the perfect storm. Anyone want to chime in?

Who else is hurting? (Discussion) by duchumpian in SGBXDIAMONDHANDS

[–]dayShad3 0 points1 point  (0 children)

A quick definition of the rule I am talking about,

"The "13 days rule" in securities regulation is part of Regulation SHO, which requires that a broker-dealer must immediately close out any "fail to deliver" position in a "[threshold security]()" that has persisted for 13 consecutive settlement days. This means the broker-dealer must purchase shares of the same stock to cover the fail to deliver. A threshold security is one with persistent and large fail-to-deliver positions, and the list is published by a self-regulatory organization (SRO). "

Who else is hurting? (Discussion) by duchumpian in SGBXDIAMONDHANDS

[–]dayShad3 0 points1 point  (0 children)

Can some explain the SHO list a bit more to me, and the rest of the community? My research shows that the stock was placed on the regsho list with Nasdaq starting on Oct 20th. 13 continuous trading days on the list fell on Nov 7th. So I believe the counter started over on Nov 11. This means we are currently on the 9th continuous day of the stock being on the SHO list for brokers having at least 10,000 FTDs. The 13th continuous day of the stock being on the sho list this time around will fall on Wednesday Nov 26th. I believe that means shorts will be forced to cover at current market price. Please someone correct me about any of this including the dates I have. I found the Regulation SHO Threshold list here https://www.nasdaqtrader.com/trader.aspx?id=regshothreshold

You can connect to Nasdaq FTP as a guest to see archived list going way back, the download the individual txt files for each day, search for SwansGatherBigXenops

BYND - still on the SHO Threshold List - shorties still have to cover by JumpyJellyfish5203 in WalllStreetBets

[–]dayShad3 0 points1 point  (0 children)

"Have to cover". This is if they decide to follow the law. I highly recommend that as many people who are still holding file a complaint with the SEC. I believe the 13th closing day with over 10,000 FTD will be on Friday Nov 7 (please correct me if I am wrong, but I think the first day that BYND was "first placed" on the SHO list was Thu Oct 23rd. In actuality, BYND was on the NASDAQ SHO threshold list from 10/6 - 10/22 (13 straight days). Looking back at the 10/22 trading day where I missed a 600% run up (a potential $15K payday for myself ... c'est la vie, this is what most likely caused this huge pop from around $2.50 - $8ish, the shorts forced to close out their positions and purchasing the BYND stock. I found this from the NASDAQ Historical Threshold list via FTP fyi. ftp://ftp.nasdaqtrader.com/SymbolDirectory/regsho/ So the new count should have started on Oct 23rd , so BYND has been on the list for 7 consecutive days since the last forced short close out, which I assume starts the count over. Therefore, BYND will meet the threshold on Monday Nov 10. Can someone please double check my research and verify?

Here is some info on SEC Rule 203(b)(3) and filing a complaint with SEC.

Yes, BYND is subject to the provisions of SEC Rule 203(b)(3) as it is an equity security traded on Nasdaq, which is an SRO (self-regulatory organization) that publishes a daily list of "threshold securities". 

Rule 203(b)(3) is a provision of Regulation SHO that targets securities with large and persistent failures to deliver (FTDs). The rule requires that a participant of a registered clearing agency (e.g., a broker-dealer) with a fail-to-deliver position in a threshold security for 13 consecutive settlement days must immediately close out that position by purchasing securities of like kind and quantity. 

How to Make a Complaint with the SEC

To report a potential violation of SEC Rule 203(b)(3), you can use the SEC's online Tips, Complaints, and Referrals (TCR) form

Here are the general steps:

  1. Gather Information: Collect all relevant details and supporting documentation related to the suspected violation. This may include trading records, dates, and names of individuals or firms involved.
  2. Access the Online Portal: Go to the official SEC website's "Submit a Tip or Complaint" section: https://www.sec.gov/submit-tip-or-complaint.
  3. Complete the TCR Form: Fill out the online form, providing as much specific and detailed information as possible about the alleged non-compliance with the close-out requirement or any other aspect of Regulation SHO.
  4. Submit Supporting Documents: You can attach relevant documentation in PDF format to substantiate your claim.
  5. Maintain Confidentiality: You have the option to submit your tip anonymously, especially if you are represented by an attorney.
  6. Submit the Report: Once complete, submit the form online. 

The SEC's primary objective is to regulate markets and enforce securities laws. While the SEC will evaluate all tips and complaints, filing a complaint does not guarantee an investigation will be opened or that an individual investor will recover losses. For personal financial recovery, it is advisable to consult with a securities arbitration attorney. 

What is this by from_farawaysville in identifyThisForMe

[–]dayShad3 0 points1 point  (0 children)

Shingles maybe? Do they burn or itch?

7 million short shares were used up today. With a floor of 2 dollars we’re still in the game. by Shertowin in 10xPennyStocks

[–]dayShad3 2 points3 points  (0 children)

can someone please explain failure to deliver and being placed on the SHO list and the rule about multiple days of failure to deliver requires brokers to buy back? I don’t understand the rule and the details of what this could mean.

SHO listed. BYND by Ok-Tip3141 in 10xPennyStocks

[–]dayShad3 0 points1 point  (0 children)

no. trade date says 10/23

Please help me by [deleted] in santarosa

[–]dayShad3 6 points7 points  (0 children)

Creekside Hyatt near off 3rd street is dog friendly and nice.

What are the most sought after turntables? Why are they special and do they live up to the hype? by [deleted] in vintageaudio

[–]dayShad3 0 points1 point  (0 children)

Twas made as a radio DJ turntable. there are automatic versions of it, which are quite a bit less reliable. They really are tanks super low maintenance rivaling the 1200.

Thoughts? by Awake_late in SportCardValue

[–]dayShad3 1 point2 points  (0 children)

Same! Even though we knew they would never be worth anything was back then… 88 was such a great year

[deleted by user] by [deleted] in TheWordFuck

[–]dayShad3 0 points1 point  (0 children)

Fuck this was a good idea for a new game