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Sunday, June 08, 2014 1:36:35 PM
Stock PPS on greys is significantly less, liquidity is far less, companies can't readily sell shares to generate capital, .... that is a small set of the issues...
So yes these suspensions mean less and less and it's the SEC not the company that is more often being blamed. AEGY/SKT* don't have their reputations tarnished nearly as much as some would love to believe and are working tirelessly to effect. I'm NOT saying they will or won't recover or to what extent...PHO^ is no Cinderella story at least not yet, they just had to file an 8-K reporting that the proposed merger with VAP^ is off for example. CAN^ and EVS^ are weathering the crisis better than had been expected tho.
This is grave but no longer a death sentence. And the SEC can thank itself for that.
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