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pitboss22

12/31/12 1:58 PM

#680 RE: Jamesmobile #675

"Any time a claim is made such as KGC's, the SEC must act quickly (on a whim) to suspend trading."

No, that's not how the SEC works. They investigate BEFORE they suspend a stock. They know that suspension and the automatic relegation to the greys is very damaging for a stock as an investment so they investigate FIRST.

Of the 1193 stocks suspended in the last 3 years, MORE THAN HALF have been revoked and ALL of the rest are still on the greys. NOT ONE has made it off. A record like that is proof that the SEC does a good job of investigating BEFORE issuing a suspension.

There is no basis for your false assertions regarding KGC other than sour grapes. { 8^D