That is one question... but it probably isn't the one that matters. The questions that matter more are about the value of the assets and HOW that value and the assets themselves were stolen from shareholders with the regulatory agencies not simply failing in preventing it, but actively assisting in the effort. The effort in the manipulation of the stock here was merely an element in executing the larger scam...
The stock component was obviously designed fully intending to have the stock fail... enabling the thieves in enlisting a cooperative SEC as an integral part of the operation of the plan... with the failure of the stock then only being used to help provide cover for the fact that the assets were being stolen.
I don't really CARE if the stock ever trades again. I DO care that the shareholders be made whole... and that obvious problems with "the system" get fixed... whether that is merely incompetence, or something more nefarious, or a bit of both.
Were the primary enablers and participants in the scam to go to jail, that wouldn't particularly bother me, but... there are a few other questions here to deal with, too... that include some fundamental issues with the nature of the government effort in oversight and the abject failure of the regulatory functions to get anywhere close to meeting their responsibilities... and in fact to have done more to facilitate the crimes than prevent them.
Right now it looks like the SEC was a participant in the execution of this scam, not an effective agent in safeguarding either the investors, the public or the market function. I haven't determined yet whether that is true as a function of purpose, with actual criminal activity taking place inside the agency intending to enable these efforts, or "only" in the sense of the agency being duped, or if it is merely an obvious expression of their incompetence...
None of that really matters, either, I expect, until Jan 20th and beyond...
