Here is a clip from a news article release this morning: The Georgetown University professor added that the SEC isn't blindly going after these companies, but usually that the suspensions are the result a "bear raid." "There is someone who wants the stock to go down, like a short seller, and they call the SEC," he said.
I find that puzzling, because it isn't true. He should know better. Most suspended stocks are cheapies, and nobody at all is shorting them. FRTD falls into that category.
Short interest in FRTD was negligible at the time of the last short interest report. Only 60,484 shares.
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