Super Micro Computer Inc (SMCI)

[dinogreeves]

SEC only halts stocks if they believe there is a scam involved or if a stock runs hard and they are delinquent in filings. I was in a stock back in 2015 bought at 14 dollars during trading hours for 2000 shares, former SPAC, Special Purpose Acquisition, a Shell, it ran as high as $102 dollars and closed at that price too, with just a little over a million shares traded, 200,000 float, next morning it was suspended from Nasdaq and it started to trade in the OTC 30 days later the bid was 48 dollars, sold at $42 and got out very lucky. Was calling company in Finland to see what took place, they were delinquent with missing paperwork that SEC has overlooked, only because of the run, it took them to see what was taking place. It is now in the grey market HUNTF, though it traded in the OTC for a while with nominal trade volume. SEC can never motivate a company by halting the trades, the company insiders have to motivate themselves if they want to stay listed and abide by the rules

https://www.otcmarkets.com/stock/HUNTF/overview