Won't let it open? The SEC has to follow its own rules; it will open on the Greys at noon - read the suspension notice. I have traded/been caught in many halts. This one will open at around 20% of the pre-halt close and may rise as high as 30-40% of pre-halt close price IMO. It should trade similar to post-halt POLR or NORX - look at Day 1 on those on the greys. I love trading the greys on post-halt day 1. Watch the huge spreads you will see. I made a killing on the BIMX halt. I hold some of this and consider that money lost, but to offset some of the loss, I will flip some of this tomorrow. Always fun trading the Greys.
FYI I have traded and made a lot of money on all the OTC pot stocks - they are all scams and any of them could be halted at any given time. That is the risk OTC traders must take to make the big gains offered by the wild wild west OTC - just manage how much you hold overnight of any of these pot stocks. PTOG got halted first I figured b/c the SEC already had a file on it - it is an old p&d ticker; note that a few of the pot stocks are of the same genre (RE old p&d tickers that all of a sudden entered the medical pot business - anyone who thinks any of those tickers are legit is either a rookie OTC trader or a complete idiot).
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