List of companies that are still halted for alleged price manipulation by social media groups
Companies Still Halted by NASDAQ After Their SEC Trading Suspensions Expired
- Smart Digital Group $SDM
- SEC Trading Suspension Sept 29 - Oct 10.
- Halted by NASDAQ since Oct 11
- QMMM Holdings $QMMM
- SEC Trading Suspension Sept 29 - Oct 10
- Halted by NASDAQ since Oct 11
- Etoiles Capital Group $EFTY
- Pitanium Limited $PTNM
- Platinum Analytics Cayman Limited $PLTS
- Empro Group $EMPG
- NusaTrip $NUTR
- Premium Caterings (Holding) $PC
- Robot Consulting $LAWR
- SEC Trading Suspension Oct 23 - Nov 5
- Halted by NASDAQ since Nov 6
Companies Currently in a SEC Trading Suspension
- Charming Medical Ltd $MCTA
- SEC Trading Suspension Nov 12-25
- MaxsMaking Inc $MAMK
- SEC Trading Suspension Nov 17 - Dec 1
I will do my best to periodically update this list as news is released and other companies get added.
Some notes:
- All of the stocks are foreign companies that trade on NASDAQ.
- All of the suspensions are for similar reasons. Alleged manipulation by social media groups to artificially inflate the price and volume.
- Several of the affected companies have announced in SEC filings or press releases that they are not involved in price manipulation and that they are fully cooperating with the SEC and NASDAQ.
- The SEC is allowed to issue trading suspensions of up to 10 trading days. NASDAQ announced an additional trading halt the day after the SEC trading suspensions expired.
- NASDAQ stated that they will lift the halts after each company "has fully satisfied Nasdaq’s request for additional information." I do not know how long NASDAQ intends to keep each company halted.
- For the companies still under an active SEC trading suspension, expect that NASDAQ will announce a continued halt the day after the SEC suspension expires.
With these lengthy halts, it is becoming very risky to trade foreign companies being pushed by WhatsApp groups. Especially if you are holding shares overnight.
Posted Nov 19, 2025, 1:44 PM UTC
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