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Re: BGI67 post# 641

Friday, 06/17/2011 9:21:55 AM

Friday, June 17, 2011 9:21:55 AM

Post# of 2998
BG, you got a link to the "over 20 companies halted this week?" I know of 17 that followed UTOG last week, a few of them are very questionable, but most of them seem like they unfairly got bundled up with some bad apples. I certainly would back the initiative of the SEC if they were really "protecting the common shareholder" but the way they are going about this seems like it only benefits broker/dealers that are covering short while they enjoy being on the grey sheets for 2-weeks. And I can just imagine the agony of some "good" companies on that list that now have to scramble to keep their listing status. It aint cheap when your auditor and attorney are hustling.

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