Post by
Charlie_Chan on Oct 13, 2020 7:33pm
Good and Bad Halts!
A halt on trading can be catastrophic if it imposed by a regulatory body i.e.: IIROC. This would result in a non-discretionary halt and it has been imposed on many MJ producers who have ventured on the dark side (i.e. OrganiGram).
However, Tinley's was halted by the request of the Company; pending news. This is normally due to a major change in the Company’s operations that could cause a potential large escalation in the share price that would be cause for the Exchange to impose a halt in trading due to the escalation of price that is unsubstantiated. Our Halt would eliminate that possibility.
My read is to get very excited! I am!
Comment by
Reitguy on Oct 13, 2020 7:44pm
i don't recall the outcome of the last after hours halt. Why halt a stock thats not trading? Building anticipation, when will we hear?