Stuckholder

What a day. This morning, we bought 100 more shares of Suspiciolicious, Inc. stock after they issued a press release celebrating higher-than-expected earnings. That brought our grand total up to 500 shares, and we were hoping to ride the earnings wave for a few more days before selling some shares for a nice profit early next week. Maybe we’d use it to buy ourselves something nice, like a beret.

But then our dreams were shattered when the SEC announced it was suspending all Suspiciolicious trades for the next ten days. As it turns out, those earnings reports may or may not have been completely falsified. Not only that, but there’s some controversy about whether or not the delicious snacks made by the company actually meet FDA regulations, which is a little worrisome.

This ten-day freeze thing has turned us from a stockholder into a “stuckholder”...someone who owns stock but can’t sell it, thanks to the SEC halting all trade activity. And even worse, once the freeze is lifted, there's a really good chance that the value of Suspiciolicious’s stock is going to go down, not up. Which means we’re not only a stuckholder...we’re a stuckholder with 500 shares that might soon be just about worthless.