The SEC allows the stock to trade today. The point is, the SEC knows that suspending a stock is (should be) the death knell to a stock like this. It pretty much states that on its education site. The problem is that people just wouldn't believe reality as it beat them over the head. How many posts were written SHOUTING that, with the suspension, this stock was toast? But people wouldn't believe it even though no one could produce a SINGLE EXAMPLE of a pinkie stock that went on to recover and thrive after an SEC suspension. NOT ONE!
Hey, but look at it this way : some people are still buying even as we speak.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.