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Re: TenKay post# 103101

Wednesday, 05/22/2013 6:05:35 PM

Wednesday, May 22, 2013 6:05:35 PM

Post# of 103308
The only happy person at this point is probably MBB....

Given he was under SEC formal investigation, he's probably not too happy. He has to disgorge all ill begotten gains.

The only question is: When will the SEC take administration action against him? The SEC being restricted by law to move at a snail's pace is a huge problem. As we have seen in another stock, if the cult following of the CEO is strong enough, the stock can recover to pre-suspension prices. The herd here gave up in a reasonable amount of time.

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