L & L Energy, Inc. Message Board
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Tues. Feb 15th -- Final RegSHO day to Cover!!
Folks:
See the attached link-- http://www.nasdaqtrader.com/dynamic/symdir/regsho/nasdaqth20110214.txt
That's the 12th consecutive day that LLEN has been on the SEC RegSHO list .... which means tomorrow (Tues. 15th) is the final day for Broker Dealers to eliminate all "failed-to-deliver" imbalances from their books. Otherwise, the SEC's Compliance Division steps-in on Wed. and the forced covering begins.
Good news for all Longs in LLEN. Good Night.-
Yes, LLEN went on the list on Jan 28, 2011. So today (2/15) is the 13th biz day, when market makers MUST close out the position or cover the short.
Not all of the short shores are necessarily naked, but at least 156,700 shares (0.5% of the 31.34M shares outstanding) are shorted naked.- 1 Reply to realistic_sob
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Adding today at the short induced low ...
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say what?
what does this mean?:
LLEN|L & L ENERGY INC COM STK (NV)|Q|Y|N|
from your webpage pasted- 1 Reply to wheelbarrowme
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going to bed now ... just go to NASDAQ.com and lookup Reg SHO .. and it will provide you the details of what the designations mean.. This is a critical matter which I didn't think would go "uncovered/undelivered" for the full 13-day required period. Now the SEC Compliance Division will get involved with the Broker/Dealers. Good for the LONGS.
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