Friday, October 06, 2017 1:57:33 PM
You really think FINRA would act or respond in such a manner??????
OK, then , try this on for size,
FINRA "denies" the application----the PPS plummets b/c all the big boy bid sitters pulled their bids and let it plummet---panic selling by the folk who should not be in penny stocks and were gambling with the grocery money--
DOLV appeals and low and behold ,, wins the appeal-----
But , suppose they lose the appeal --now it really plummwts---trips---
DOLV appeals to the SEC----bingo, the SEC over rides and reverses FINRA's decision---and we have our new name and ticker ---and we have lost a lot of folks who sold and the big boys picked up all those shares----
The reversal by the SEC caught the mkt flat footed and the pps gapped into the stratosphere---
Do you think this is a fantasy????? I can give you the name of the Chinese automotive company that just went through this scenario---over 2 years to get their name and ticker---but the SEC and FINRA were fully justified in what transpired--------b/c there was justification for their due diligence---
Their PPS is today at $34 and change
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