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TEX

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Alias Born 04/15/2005

TEX

Re: Mingy post# 238991

Sunday, 10/18/2009 1:07:20 AM

Sunday, October 18, 2009 1:07:20 AM

Post# of 346918
So if they allow the market to open Monday, regardless of what exchange, if we are allowed to trade, shouldn’t we assume they didn’t find any fraud? If they found fraud, they would not let the stock open in my mind.

No, that's not the way "the system" works. The SEC considers a suspension to be a major warning to traders, investors, brokerages and broker-dealers. And because they abused their powers of suspension in the past, the SEC is limited to one, 10-day suspension for any given reason(s).

Your question is *entirely* understandable, btw. Lots of people ask the same question, especially when going through their first suspension.

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