Tuesday, March 02, 2021 10:28:05 AM
Just as you have no inside intuition or accuracy of SEC suspending this one immediately. A more conclusive pattern is the SEC are coming after stocks that are being pumped on social media sites such as twitter. A poster by the name of Canadian Jennifer is definitely one they are watching. However, you are correct if LATF does not make filings current, or at the very least answer the phone when the SEC calls, by September they will suspend.
Please refer to article below
https://www.latimes.com/business/story/2021-02-26/sec-suspends-trading-in-15-stocks
Moving to the Grey (professional) market does not mean death to trading. Take a look at the SEC big suspension statement stock SpectraScience, now trading grey. I believe is currently up 600%. SCIE is just trading differently. SEC suspended stocks are not dead, they are just not trading on their exchanges anymore. Anyone who fear sold SpectraScience in the low trips made a mistake.
The SEC has certainly ingrained fear, I am enjoying the shift in Bear posters, at one time the big scary words were “SCAM and Reverse Split” now it is “SEC and delisting.”
I do not know who are the more salacious villains, pumpers who have obviously front loaded before advertising or bear posters who encourage people to fear sell for a loss because they are angry or would like buy in at a lower price. As a stock newbie, I had a bear convince me to fear sell at a big loss by using the scam-Reverse split mantra. Watched the stock go up 500% on news a week later.
Ihub has a very good tool for checking the attitude or pattern of people who post, just click on the posters name to the left or there is ignore feature if you are feeling pressured. Just saying the decision to sell or buy is 100% you.
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