Serious question. What makes you think that SEC screwed up? They are usually over cautious and sometimes their delays cost investors money. Suffice it to say that - when this is over - the Market will be the judge. Sometimes, perception is reality and sometimes it is very difficult to change perception. Good luck to all investors in PDXP (I hold 1M shares)
I do agree that it is a rare day when a gov't agency admits to making a mistake - probably due to potential litigation.