InvestorsHub Logo
Followers 71
Posts 17472
Boards Moderated 0
Alias Born 08/29/2008

Re: bigboard post# 27928

Thursday, 06/21/2018 10:42:27 AM

Thursday, June 21, 2018 10:42:27 AM

Post# of 50027
Re: 100% chance of suspension here

Not necessarily. Even if ALKM is being investigated by the SEC, they don't always get suspended right away.

The big problems is that, if ALKM gets suspended, they are SEC-registered, which usually results in revocation of the ticker. That would make ALKM a private company with little chance investors could sell their stock.

It would also almost guarantee a class action lawsuit against the CEO and the company.