Simple. Stocks are halted not only for doing things illegal or wrong, the SEC will halt trading if something is wrong with the specialist (MM) that is trading the stock. If NITE is a major holder of shares to be sold...you see what I am saying.
The 30 stocks that were halted today may not have been doing anything wrong but what was happening around them was wrong. The SEC said they halted to protect the investors from loosing any more money.
By now you should know I'm not married to any stock and I don't trust ANY pink. There is some thing strange and undisclosed happening here. We don't know who to blame.
Disclaimer: Any message I post about any stock should be read for entertainment purpose only. What do I know I'm just an IHUB poster child.