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Alias Born | 04/03/2007 |
Thursday, April 30, 2009 7:26:25 PM
Sure, SLJB may continue to trade for a while, but that's only because it's such small potatoes that the SEC isn't even aware of SLJB and won't suspend trading on it.
Least bad thing that could happen for shareholders: Immediate cessation of trading and (rightful) acknowledgment by the relevant authorities that SLJB is a worthless security. In this scenario at least the one time tax write offs can commence.
Notice I said "least bad", not best. There is no best with SLJB, only shades of bad. Best would have been never spending a penny on this stinky pinky.
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