What sucks with the SEC nannystate is that they ar
Post# of 36728
Posted On: 06/07/2014 4:31:35 PM
What sucks with the SEC nannystate is that they are suspending SKTO right at the cusp of major moves by the company. Audit, more meds, simpleprepay, merger, recent acquisitions, etc.
The SEC basically f-d up and actually has gone against their code to "protect investors." This suspension is clearly NOT "in the public interest."
The SEC suspends trading in a security when it is
of the opinion that the suspension is required in the public interest and to protect investors. Because a suspension often causes a dramatic decline in the price of the security, the SEC suspends trading only when
it believes that the public may be making investment decisions based on a lack of information, or false or misleading information. A suspension may prevent potential investors from being victimized by a fraud.
The SEC basically f-d up and actually has gone against their code to "protect investors." This suspension is clearly NOT "in the public interest."
The SEC suspends trading in a security when it is
of the opinion that the suspension is required in the public interest and to protect investors. Because a suspension often causes a dramatic decline in the price of the security, the SEC suspends trading only when
it believes that the public may be making investment decisions based on a lack of information, or false or misleading information. A suspension may prevent potential investors from being victimized by a fraud.
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