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Re: ChartTRACKER post# 4539

Friday, 05/18/2018 12:34:32 PM

Friday, May 18, 2018 12:34:32 PM

Post# of 4637
First the suspension only lasts 10 days. That is the maximum suspension the SEC is able to give by law.

When the suspension is lifted in 10 business days, the stock will re-uopen on the grey market with not quotations i.e. no bid/ask. Matched trades only.

When the ticker is revoked in 2-3 months...and it will be, it will be a private company. They can certainly try to re-register the stock but the odds are very long on that...about 1 in 1000 suspended tickers have managed it.

And even if they could, for the very few who have managed it, it can be a 2-3 year process.

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