Replies to post #57737 on Pilgrim Petroleum Corp. (PGPM)

[lucky, mydog]

it means you are about to experience your first suspension.

[TenKay]

The stock is suspended for 10 trading days. After that it will open on the grey market without bid/ask. It's first day back...if it even trades will see the pps collapse...perhaps 50-80%. If it does trade the highest volume day will likely be one of the first few days of trading if not the first. The pps might recover a little if it dips below 70-80% down at the open, but as the days and weeks wear on, trading volume will decrease...until eventually it becomes illiquid for the most part.

That's just usually how these things go.