Doc,

Here is an interesting post from RB. I would think if no short squeeze occurs by then that it won't occur at all. Even the mysteriously rumored "ex-clearing" naked shorts had to start in the system as fails that were never cleared. Your thoughts?

Great news for longs! ALL naked short failed trades in JAGH will have a mandatory close-out no later than September 10th. Your multi-year struggle is over! This is right from the NASDAQ site. Get on board now with more shares before the MOASS begins.


Reg SHO Threshold Flag2
Subject to the requirements of SEC Rule 203 of Regulation SHO
Where there is an aggregate fail to deliver position for five consecutive settlement days at a registered clearing agency totaling 10,000 shares or more and equal to at least 0.5% of the issuer’s total shares outstanding.
When this occurs, the security becomes subject to mandatory close-out requirements outlined in the SEC's Regulation SHO.
The allowed value will be:
Y = Yes, if the issue is subject to mandatory close-out requirements of Regulation SHO
N = No, if the issue is NOT subject to mandatory close-out requirements of Regulation SHO


If a security becomes a Threshold Security after October 15th [2007], all fails to deliver must be closed out within 13 consecutive settlement days.