RE:RE:RE:RE:RE:RE:RE:RE:FinancialsEagles you are correct. IIROC will halt stocks when there is abnormal trading activity BUT companies can and do request that their stock be halted before releasing material information during market hours.
And I am not taking a position as to whether they should or shouldn't have halted the stock.
Eagles1968 wrote: Sure, my point is not really the company will generally request a halt! Iroc rarely knows enough about all of the companies to be a able to vet all of the releases! They do key word searches etc! I work at a publicly traded companies and had multiple dealings with IROC!