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Alias Born | 05/03/2000 |
Monday, April 06, 2020 6:30:22 PM
all suspensions are 2 weeks.the purpose of a 2 week suspension is to let potential future buyers that there is a problem. unfortunately, it's of no help for existing shareholders.
https://www.investor.gov/introduction-investing/general-resources/news-alerts/alerts-bulletins/investor-bulletins/investor-5#.VC6-GN479tI
Why not permanent suspension?
by regulation, the sec can not suspend longer. they also can not suspend again unless it is for a completely different reason.
What happens after 2 weeks?
trading will be available on the grey market. that is matched trading. there will be no bid or ask.
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