With this not being the first time happening on Moomoo regar...
$Keyarch Acquisition Corp(KYCH.US$ With this not being the first time happening on Moomoo regarding change of ticker, dont you think it is becoming more deliberate? This continued failure to automatically convert shares to new ticker is a reportable event. While the MMs and/or shorters rake money, they leave their retail investors losing their hard-earned money with this glaring inefficiency.
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Goldi_stocks : I believe that it is absolutely deliberate, just another form of manipulation. They said the shares hadn't been delivered to them yet, which probably means that a whole lot of naked shorts didn't get covered so they were letting them cover before granting us our shares that we legitimately paid for.
Jaguar8OP Goldi_stocks: Yes. That thing about stocks not being delivered to them is outright manipulation by their clearing broker
Jaguar8OP Goldi_stocks: Their clearing firm is Interactive Brokers LLC
Jaguar8OP : This is definitely reportable to US SEC
Jaguar8OP : If they don’t convert our shares today, I’ll file appropriate paperworks for this. This is not the first time so this ain’t a technical glitch. The CS was obviously negating herself stating “ we wait for technical guys to respond in 1-2 days “ then after saying “ we have to hear from the clearing firm”. That in itself is covering up for somethinf