I've heard the same fears, and I don't know what to say. Anytime I even hear the words "SEC halt", I must admit that my instinct is to only play lotto sums.
But, at the same time, I know the SEC is generally not quick to act, and this whole BHUB scenario has only been going on a little longer than a month. When I think that they let AWYB and a few other scenarios trade for months with no interference, I'm reluctant to jump to a 'halt' conclusion. The SEC also let obvious scams like CSHD trade for months before they stepped in.
However, personally, I'm still cautious, and not riding alot of shares. I may regret that decision, and have already had reason to wince, when I think about what I could have made, but that's what excess caution will do to you.
You'd have thought I'd have learned my lesson many times over in the pennies. The stocks I've been most cautious about, I could have made the most from, and the ones that looked great, have often turned out to be investor traps.
When are they finally going to label these things correctly, so that we KNOW upfront whether they're sure things or not? LOL!
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