The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Amit has started proceedings on a individual on here (domain name Java hack )also the culprit has published untrue material online that adversely affects another person's reputation, and will be liable for defamation. I will have a Guess which sad person it is. I hope they have a big bank balance for what's coming for legal fees.
Hahahah this is making my week.. gone through my history fuming hahaha lol
He actually looks at which posts gets the most recommendations how sad hahaha
Yes you haha. Coming on a chat group for five years. Hahahaha
When a company is delisted from the public markets or trading in that stock is halted by the listing exchange, traders may be unable to cover their short positions because the stock no longer trades. However, the original loan to the borrower is still on record, and can only be closed after shares are cancelled and DTC removes all positions in the shares from participants' accounts or, in the case of a trading halt, the halt is lifted. That process can take anywhere from a few days to months or even longer.
In the meantime, the borrower may continue to have to pay Hard-To-Borrow fees on the collateral market value based on the closing price of the last trading day. The minimum mark is £1 per share but can be much higher, depending on how and when the delisting or trading halt occurred.
Over the moon with this update. Silenced all the critics stright away. The dudilugunce is something to be admired. The exhaustion that this project demands is something to be admired. Amit has created a home run here. Over the moon.
I'm hearing some very postive news coming out of the city, I for one had fake news in place, but what I have heard today from some trusted contacts that its 100% gone through. Its going to be brutal for the shorts.
So just to clear things up, share certificates will still be with Computershare (US) under the new owner. The roll numbers should be the same and kept on the transfer. If the transfer is happening, Guess the company add the number and Merry Christmas. IMO
It might have finallu backfired on the person thats been updating the website with allegedly fake news, I've heard a few broker's are getting bombarded, which is being escalated to a legal team. If the person is on here I would be very careful my friend. IMO
If shorted, generally it is best to cover your shares before they get delisted, otherwise you are stuck paying interest on the borrow cost for weeks, months or in this case years.
Pretty much everyone got locked in here, and the short position looks quite big still. With the current activity I don't think I'd be sleeping at night. GLA
US markets are still sleeping. JNJ is on the Nasdaq I'd be keeping a eye out for a RNS on there if i was you guys
Always nice to see the final stretch. Be Interesting how the data is integrated for the AI World, pretty much bang on the money with the timing.