Way Out of the T12 Halt in EDTX

quantdonkey said:
Folks,

I have been day trading for a few years, but I am not a very social person and haven't been a part of the community. The issue I am facing is what prompted me to open the account and publish this post.

EDTX was halted today on a T12 halt. It is a crappy SPAC that was heavily manipulated. Today, the circus was stopped by SEC. It was ~$64 when it was halted. The NAV for EDTX is ~10.5 and that's where it is heading once it will be delisted/downlisted after the halt.

I am stuck in short position. In theory, I should be happy, but T12 halts might take long time to be lifted (e.g CO halt lasted almost a year), and the borrow fees are outrageous. I am looking for a way out.

If by chance, you, or anybody you know, is stuck in the long position and wants to get out while the stock is still halted and before it goes to 10 bucks, I am willing to buy your shares off the exchange using ACAT transfer between the brokers, so we both can close our positions.

Ping me
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What a brave day trader!

It doesn't matter whether EDTX is manipulated or not.
EDTX is something I'd avoid even if it is not manipulated.

Hope you close your position soon.

I had some stocks which were stuck.
It took me almost a decade to close it.
 
snels521 said:
I have 10 shares if anyone wants them. Ping me here or (218) 214-7457
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I am sorry but 10 shares is a too small amount to close out the position manually. There is paperwork and broker fees involved, that do not make sense for 10 shares. Sorry man

I am still looking to buy many more shares folks. Let me know
 
Clearly t
quantdonkey said:
I am sorry but 10 shares is a too small amount to close out the position manually. There is paperwork and broker fees involved, that do not make sense for 10 shares. Sorry man

I am still looking to buy many more shares folks. Let me know
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Solid short. Hope this is plenty profitable for you. Respect for taking on the risk.

I'm sure there's going to be a lot of interest across other message boards.
 
quantdonkey said:
I am sorry but 10 shares is a too small amount to close out the position manually. There is paperwork and broker fees involved, that do not make sense for 10 shares. Sorry man

I am still looking to buy many more shares folks. Let me know
More...

Quantdonkey I have 95 shares of EDTX. Would you be interested in purchasing them?
 
quantdonkey said:
I am sorry but 10 shares is a too small amount to close out the position manually. There is paperwork and broker fees involved, that do not make sense for 10 shares. Sorry man

I am still looking to buy many more shares folks. Let me know
More...
 
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