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Re: Elkay11 post# 898

Monday, 02/12/2018 11:25:03 AM

Monday, February 12, 2018 11:25:03 AM

Post# of 2855

there have been numerous tickers that have come back from greys because investigations came up empty



Not true. The total number that have come back post-fraud suspension you can count on 1 hand. Even if you were missing some fingers.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=137302828

And even then, the SEC did not "get it wrong". They suspended the ticker to stop fraudulent activity, which was successful. And it doesn't mean the investigations "came up empty", either. There are lots of reasons why the SEC may decide it is not worth prosecuting, even when they have evidence of guilt. In many cases, the people are already being prosecuted by the SEC or other agency, and is not worth the time and cost of adding on additional charges.

Quite a few companies have released news post-suspension. That doesn't make them any less guilty.
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