InvestorsHub Logo
Followers 0
Posts 36
Boards Moderated 0
Alias Born 03/24/2010

Re: gapshot post# 17477

Wednesday, 06/09/2010 9:09:37 AM

Wednesday, June 09, 2010 9:09:37 AM

Post# of 22746
I hate to throw cold water on you thesis about "thumbs up" from the SEC but the SEC has no authority to suspend a stock for more than ten days. The fact that ACLH will trade today does not mean the SEC cleared ALCH of any improprieties. SEC will not comment on the results of any investigation, whether ongoing or concluded. The only indication of future problems will come in the form of a Wells Notice, which could take months to appear, or it could never appear if the SEC found no further action was necessary.

Join the InvestorsHub Community

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.