posted on
Oct 19, 2007 10:56AM
Excellent call. I worked in the business for 30 years. I cant remeber actual names however I did own a stock and I think the symbol was MEX. It was halted then suspended. My average price was 18 cents. It was suspended for at least 6 months then it came back at 30 cents. I sold at 30 35 40 45 and my last sale was at 1.91. I think it hit 2 bucks. Anyway some time after then it did bomb out and I am sure it was delisted but that was several years later. So just becquse a stock is suspended, doesnt mean it will never come back. Again that doesnt mean it will trade forever but as long as it trades. Thats like having cancer. If you are cancer free for 5 years you are considered cured. However if after 5 years you dye of cancer it is considered a different disease. Same with stocks. If it comes back then it is up to us all to ddecide whether to sell hold or buy more.