Thursday, May 29, 2014 5:51:37 PM
A penny isn't worth anything in our real world. Why is a penny being broken out into hundredths? That contributes to the day trader gamesmanship that interferes with capital creation.
Seriously, if the SEC was for the investor, why don't they show it with rules that support investors.
The greys should not be an automatic wasteland. They could serve as a temporary holding zone where offenders can correct issues, then return to previous status. Deliberate fraud ought to equal dissolution with no ability to run a business again.
Rather than punish shareholders for something they cannot control, let the investors decide if they want to continue to provide support.
I could go on and on and on...
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