Really? I would've thought between mine and Jim Bishop's posts you would have been able to work this out.
Anyway, OK, here's the deal. Any given penny can get shuffled off to the greys for lack of trading.
That's *technically* how they get suspended stocks, eh? Once they're no longing trading, whoosh ==> off they go.
However, the difference is, once an issue is booted via an SEC suspension, a lotta regs kick in that market-making firms have to pay attention to, or they can wind up in the hot grease.
Nowadays, same thing can happen from a FINRA "halt." Use to be a halt was much different from a suspension, but for a pennystock that gets halted more than four days, it's equivalent to an SEC suspension.
At least, that's the way it was when I was really active. I haven't been trading much, lately, and am sorta out of the game. If you doubt me, I suggest asking Jim Bishop (who, admittedly, seems to be fishing more than trading these days) or Janice Shell. They both know a bunch about rules 'n regs.
Best,
Tex
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