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Helter Skelter

01/14/13 10:43 AM

#46322 RE: oceansorcas #46318

Why couldn’t the SEC forewarn investors that it was about to suspend trading in a stock?

The SEC cannot announce that it’s working on a suspension. We conduct this work confidentially to maintain the effectiveness of any related investigation we may be conducting. Confidentiality also protects a company and its shareholders if the SEC ultimately decides not to issue a trading suspension. The SEC is mindful of the seriousness of suspensions, and carefully considers whether it is in the public interest and for the protection of investors to order a trading suspension.

This SEC noise is all BS. There is no evidence whatsoever of any investigation.

Of course not. There never is.