90% of these stocks where trading in the triple 000's before they announced MMJ business. All of them where seller boxed and shorted into the abyss just waiting to DIE. (that is what the naked shorter's/Market Makers wanted) When the old margin calls started coming in and the market makers could not slow the influx of buyers, they all new they where in trouble. One company after another rose from the phoenix. There has been a few companies that have done the best they can to change the direction of these dead companies. Mergers, name change, ticker change, management change, filling past late fillings, so on and so on... When the big money (MM) started loosing there cash, the game started getting ugly. Now it is even uglier, when the MM had to call their friends at the SEC to help them, you know it must be real bad. You will probably ask if I can prove this theory and my answer will be NO, but ask the SEC what the companies (that have been suspended) did wrong and see what answer you get.. "None of your business".
So 10 days later this so called "crooked" company trades again and from there the MM and shorters are scott free all the way back to seller boxed and bankrupt... It was done in the early 2000's and has started again. The SEC is as crooked as it has always been and some things just will not change.
This is all in my observation and opinion based on my 15 years of trading.
Have a great week end folks..
May 16,2014
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