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Re: Edwina53 post# 155815

Saturday, 05/11/2013 9:28:28 PM

Saturday, May 11, 2013 9:28:28 PM

Post# of 232511
However, it is apparent that companies that have major or fraudulent problems are being promply delt with by the SEC, not waiting months or years to take action.

If what you're following is, as you say, "newly suspended stocks", that would give you no idea what might happen down the road.

The delinquent filers you describe have their registration revoked, and disappear. It seems the SEC often believes suspension is punishment enough for for some issues. But there are a number of cases in which they've gone after the company much later. EIGH is one example: it was suspended in early November 2010, and sued by the SEC in late September 2012.
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