I called TD when all of the people saying it was impossible came out to share their opinions. I was told that it was very rare for that to happen. The broker told me that it would only happen if there was a merger and new financials drastically changed the company profile. That sounds like what RPH and BS is promising, so I think it could happen. I am very skeptical and sold the majority of my shares today to buy IDWD. I may sell IDWD mid day tomorrow and get back into CSHD for around 1.10.
Charlie48 from the glossary of trading terms: Halted securities Occasionally, trading on a given security may be suspended due to a variety of conditions including news and corporate actions. If the security you are attempting to trade has been halted, you can place an order but it will not be executed until the trading halt is lifted. If you have an open order for a security that subsequently is halted, your order will be eligible for execution after the halt has been lifted. Please be aware that when the security resumes trading it may be at a price significantly above or below the most recent trade price.
The company doesn't set the price, the MMs do, based on audited financials. If the audited financials show a profitable company with a book value far greater than $1.06, they aren't going to keep us down here, buying and selling aren't the only things that affect price.
Yes, you can't halt an otcbb or pinksheet stock. It's part of the regulations. Even Harris said that they may not have to halt it. I think he's figured out that he was wrong to have said that.