Those two traders who suffered big losses should blame themselves .. They were absolutely acknowledged about the nature of this stock. Probably they bought slopes ? :(
I'm sure the SEC guys are having a good laugh about the two of them right now. WTF read the disclaimer in the emails, "don't buy unless you can afford to lose you entire investment" happens to everyone at some point or another- a one who says it hasn't happened to them is lying.
Experience is expensive, but past experiences become wisdom- don't waste it.
That is not the way sec operates they ask company first then place halt if they are not satisfied there is absolutely no proof of stock manipulation of nsrs if you know of any such proof i recommend it gets posted