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Re: Koufax post# 24790

Monday, 03/14/2011 1:30:26 PM

Monday, March 14, 2011 1:30:26 PM

Post# of 34471
More comments / discussion about my earlier post:

They have 4 days to report a material event. Since it appears the company suspended the trading, it must be due to a material event.

So, yes, the SEC 4 day rule insures the company will report something by Wed. If not, that alone would be sufficient for NASDAQ to kick em off (frankly, I don't think the original poster actually called NASDAQ).

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