InvestorsHub Logo
Followers 15
Posts 3639
Boards Moderated 1
Alias Born 03/14/2005

Re: Pennies88 post# 34179

Tuesday, 03/20/2007 4:53:40 PM

Tuesday, March 20, 2007 4:53:40 PM

Post# of 38584
fyi...

Will trading automatically resume after ten days?
It depends on the market where the stock trades. Different rules apply in different markets.

For stocks that trade in the OTC or the over-the-counter market, trading does not automatically resume when a suspension ends. (The OTC market includes the Bulletin Board and the Pink Sheets.) Before trading can resume for OTC stocks, SEC regulations require a broker-dealer to review information about a company before publishing a quote. If a broker-dealer does not have confidence that a company's financial statements are current and accurate, especially in light of the questions raised by the SEC, then a broker-dealer may not publish a quote for the company's stock.

http://www.sec.gov/answers/tradingsuspension.htm




Is this a good Stock?
Anything I say in the post above is my OPINION only. (Ne buvez pas l'kool-aide.)...and don't be a MARKEY.