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Tuesday, January 26, 2016 12:28:46 PM
are you kidding here?
are you really saying that NASDAQ or the SEC should NEVER halt or suspend a stock until formal fraud charges are filed by the SEC or DOJ?
geesh
regarding KBIO's "momentum", are you really talking about the increase in price that was caused by the public knowledge of the controlling interest in KBIO purchased by an individual, MS, that has now been criminally indicted with multiple fraud charges?
that "momentum"?
I haven't been following this as closely as I would be following developments in SPNGQ. I guess that since I still haven't seen any charges filed directly related to KBIO, I don't consider Nasdaq's actions any more than just a regulatory sham, designed to keep money out of KBIO's coffers, and prevent the forward momentum of the company.
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