The half filled kool-aid version of the SEC halting of trading.
The SEC halts the trading of a stock for one reason, TO PROTECT THE PUBLIC.
The owners of SPNG stock are the public. The SEC might have halted the sale of SPNG stock to protect the stock holder public from having their position wiped out by the panic selling caused from the investigation announcement, newspaper articlea and law suits filed.
The SEC has halted trading in the past of the entire market during panic times to allow calmer heads to prevail.
And it seem to work as the stock price has leveled off since trading resumed.
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