What happens when short on a delisted stock?

Discussion in 'Trading' started by Sanjuro, Nov 15, 2005.

  1. Sanjuro


    Does anyone have any experience?

    I was wondering if I short a stock that ends up getting delisted. What price will I have to cover my share? Will I have to buy it back in the OTC market?

  2. nassau


    If you are short on a stock thats becomes delisted you have the opportunity to cover you short at the current daily trading price.
    OTC / pink sheet.
    an example is the recent RFX which now trades as rfx.cq