Replies to post #12920 on Newlead Holdings Ltd. (fka NEWLF)

[PennyStockInvestor]

I'm expecting a massive sell off when NEWL resumes trading again if the stock halt is lifted.
I think the halt has probably spooked many NEWL shareholders.

[pentester101]

Have you even bothered to check why these past T12 halted stocks are no longer traded?

My guess would be no. Almost every single one of them have completed a Merger or Acquisition.

Ticker Company Reason No Longer Traded
ATMI ATMI Inc Merger/ Acquisition
STSA Sterling Financial Corporation Merger/ Acquisition
HITK Hi-Tech Pharmacal Co Inc Merger/ Acquisition
PACR Pacer International Inc Merger/ Acquisition
CADX Cadence Pharmaceuticals, Inc. Merger/ Acquisition
LEAP Leap Wireless International Merger/ Acquisition
ZOLT Zoltek Companies Inc Merger/ Acquisition

[Rhee]

NEWL - That's why we really can only day trade this shawarma sandwich of a stock. By the time they resume trading, whatever money is left has puffy blue mold on it.