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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: StockDung who wrote (96251)10/24/2006 10:43:33 PM
From: SEC-ond-chance  Read Replies (1) | Respond to of 122087
 
SEC has deciduous teeth

A) Summarily to suspend trading in any security (other than an exempted security)for a period not exceeding 10 business days,

Message 21015310



To: StockDung who wrote (96251)10/24/2006 10:59:26 PM
From: SEC-ond-chance  Read Replies (2) | Respond to of 122087
 
You know what's even better, when they can continue to sell shares because the SEC forgets or doesn't think its important enough to get a freeze order. Bluepoint went from 5 cents to about a dollar during the litigation and one of the defendants admitted to the SEC that he sold his remaining shares to help offset the cost of his defense.