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S&P 500
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0.20%
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Ecomike

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Ecomike

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Re: None

Tuesday, 05/03/2011 1:57:06 PM

Tuesday, May 03, 2011 1:57:06 PM

Post# of 309
This may be the real reason trading was halted, or the rest of the story that NASDAQ asked for more info on?

If it trades again (soon, or ever), this news would clobber the stock price, as it will be some time before they can hire a new firm, and get any kind of reliable data reported. New reports will be late now, and restatements of prior reports will take a very long time, and a long term audit to do the restatements will hurt the stock if it trades before the reports are filled.

Chalk up one for the early shorts, who got out early.

Ambition with out knowledge is like ship in dry dock. Going nowhere fast!

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