OTCQB:EMHTF - Post by User
Comment by
bloozguyon Mar 02, 2018 8:43pm
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Post# 27654978
RE:RE:RE:RE:RE:RE:Wow...there we go!@
RE:RE:RE:RE:RE:RE:Wow...there we go!@Normally a company has the option to request a halt if the news could potentially cause people to panic one way or another.. just an orderly way to do it. However, for just a licence which the market has been anticipating for a while now, wouldn't cause such commotion but perhaps they have something else to announce. Or perhaps given that this is a partnership deal they want to play it up properly to ensure both partners get sufficient exposure and mileage out of it. Maybe they learned this with their last few press releases (Tier 1 tax status, Blockchain partnership) ...even though both were great news neither had any effect on the SP and the stock continued to make new lows down to the low $4 range. But now it seems like news is starting to change sentiment again....witness Cronos and their Nasdaq listing...I was shocked by the runup. WEED followed up with a simple comment saying they would also be listing in due course.... and they went up 10%. And today InMed announced a licence (big deal) and ther stock shot up over 30%. Im not looking for a huge pop on Monday but I do hope this will be the catalyst that gets this stock back on the trajectory it was on...
dzanzio wrote:
hey guys,i am not the most knowledgeable investor so can someone tell me why they would halt this stock on this news, i just bought shares last week at 5.08