The trading suspension, according to the SEC release, will last 10 *business* days.
"The trading suspensions will last for ten business days. The trading suspensions commenced today at 9:30 a.m., EDT, and terminate at 11:59 p.m., EDT, on March 21, 2007."...
hehehe. this would make a pretty good stock denial of service attack. Pick some company you don't like and start generating spam supporting their stocks. It would be like badly configured IPS's that blacklist legitimate client and partners' IP addresses!
Most stocks on that list haven't been spammed in a long time. IMO it's just a saber rattling gimmick. If they were really serious in stopping stock manipulators, the government would step in right away not several months to years later.
"The trading suspensions will last for ten business days. The trading suspensions commenced today at 9:30 a.m., EDT, and terminate at 11:59 p.m., EDT, on March 21, 2007."...
[ more ] [ reply ]