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Toxic Avenger

11/12/10 11:54 AM

#83870 RE: caltrader #83869

The investigation will likely go on well beyond a week. The suspension is for another week.
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Don

11/12/10 11:56 AM

#83873 RE: caltrader #83869

Yep, but you know what is said about a 1000 Mile journey.... This has barely begun the first 1/4 mile.... Gonna be a while for damn sure...
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janice shell

11/12/10 12:02 PM

#83875 RE: caltrader #83869

The SEC investigation is still another week.

The investigation does not automatically end when the suspension does:

What happens when the ten-day suspension period ends? Will the SEC issue a statement about the status of the company after the suspension has ended?

No. The SEC will not comment publicly on the status of a company when the ten-day suspension ends because the company may still have serious legal problems. For instance, the SEC may continue to investigate a company to determine whether it has defrauded investors. The public will not know if the SEC is continuing its investigation until the SEC publicly announces an enforcement action against the company.


http://www.sec.gov/answers/tradingsuspension.htm