Halted Stock opens way down (not this one)A while back we were supposed to sell our Mezzi purse line to Atlas cloud (AKE)
Atlas halted back in February I believe for conversion to a blockchain company. Stock was about 90 cents.
Opened up last week in the 20s
Nice!
Not a believer in these long halts. They do not protect investors at all . They take public money and make it like a private placement only you are not getting a special deal to lock up.
Too many risks, general market can collapse, sector can collapse etc..
For example POT stocks are hot now, but 3-4 months from now, who knows?