Replies to post #21135 on Avalon Technology Grp (fka AVLN)

[PennyCow]

There is 1 on that list I find interesting that a IDWD long supported tooth and nail.

[IDS Watcher]

Trinity,

Is that a daily list or was the an unsually large action against numerous companies? Can you provide a link? Thanks.

[topnotch]

I saw this post on HSM. He is right. I checked. All the stocks were unsolicited pinks

Today, 05:48 PM #4363
TheSaint
HSM Regular


Join Date: Mar 2007
Posts: 273 Quote:
Originally Posted by crazzyjackk
It's about time. Thanks for the information


Those were all one legged pinks or "unsolicited pinks" It is easy to see the real motive behind today's actions. They were looking for any excuse whatsoever to shut down unsolicited pink sheet companies. Some of them had no illegal spam run on them but it was run on predecessor companies up to two years ago.

Others were tagged for misleading press releases but let's face it, if they were out to get illegally spammed stocks over the last two years or stocks which had not followed through on a PR, this one would have led the pack in today's suspension.

IDWD had illegal spam run on it in August of 2005 and it has had more misleading PRs than any other stock I can think of.

Now the SEC says this is not over and other stocks will soon be hit too, but for now, it was only the unsolicited pinks which were shut down. When the next batch of stocks comes out which have been guilty of spamming or false PRs, this one is probably going to make the list, imo.