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SevenTenEleven

11/06/10 10:18 AM

#82697 RE: 514 #82695

STOCK IS SUSPENDED NOT HALTED - MTL-Trader

There is a big difference IMO when a stock is suspended from trading vs. one that is halted.

It is possible the SEC has suspended trading to fully investigate the claims of abussive short selling of EIGH and the claims that there were more than 2 times the available shares being held by investors than the amount of shares possible to be held. Yet it appears from the bi-monthly short interest reports, only 4000 shares are short.

With trading frozen, the SEC will be able to see where all of the shares reside. If the stock was freely trading while they were investigating, the SEC would have a very difficult time getting a complete picture.
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Fire Lane

11/06/10 1:05 PM

#82710 RE: 514 #82695

suspension is actually worse than halted. next will come revocation