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JOE, TLB, DRV, TWER, PPTI, UGHO Have Been On BUYINS.NET Naked Short List For 13 Consecutive Trading Days.
0 Comments | M2 Presswire, January, 2008
M2 PRESSWIRE-30 January 2008-BUYINS.NET: JOE, TLB, DRV, TWER, PPTI, UGHO Have Been On BUYINS.NET Naked Short List For 13 Consecutive Trading Days(C)1994-2008 M2 COMMUNICATIONS LTD
RDATE:30012008
BUYINS.NET, www.buyins.net.
Regulation SHO took effect January 3, 2005, and provides a new regulatory framework governing short selling of securities. It was designed with the objective of simplifying and modernizing short sale regulation and providing controls where they are most needed. At the conclusion of each settlement day, data is provided on securities in which: 1) there are at least 10,000 shares in aggregate failed deliveries for the security for five consecutive settlement days, and 2) these failures constitute at least 0.5% of the issuer's...
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