Replies to post #27108 on Newlead Holdings Ltd. (fka NEWLF)

[Asher78]

Greys or shut down = basically the same thing except those holding can sell but at a significant loss. Greys are the stock graveyard. This will never come off the greys and it'll continue to drop and become even more illiquid. Too risky for any kind of a bounce. Look at other famous tickers that went to the greys, and look at the charts.

if it was a fraud or scam SEC would have closed it down

come on, wrong again....it would have first received a 10 day suspension, then kicked to greys....SEC does not just "close it down"......anyway, kind of a moot point as of now.....