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Re: matrix post# 5353

Friday, 02/09/2007 6:53:03 PM

Friday, February 09, 2007 6:53:03 PM

Post# of 12962
IPXL is a recent example of a delinquent suspended pinkie which started up unsolicited on the pinks when the suspension period ended. Outcome of proceedings still not known.

It has substantial insitutional holders who I think might have been able to put pressure on broker/dealers to enter the unsolicited quotes. It also has a plausible-sounding story about why it's delinquent & what it's trying to do about it.

Nothing there remotely like CYKS, which will obviously start up on the greys.

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