Totally agree although I do believe the perception of the CEO got a bump today with the filing of the appeal, as did CCME.
With all the drama around Chinese RTOs, many of which appear to be legitimate business, but which have been relentlessly attacked by shorts, it would make sense for Nasdaq to want to limit this type of action and could actually use CCME as an example to the short that if you put out lies, we can halt the stock and wait till the truth is clearer. Overly optimistic - maybe - but it's more in tune with reality than what Carson Blockhead came up with.
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