CriminalAt what point is it deemed illegal for management to withhold information (good news) from the shareholders in order to drive down the price of a company?
You see a lot of this in reverse, management withholding bad news in order to keep the share price high (Nortel, Enron) and those management teams got hammered.
How long do we wait till we start an action? 6 months? 1 year? If the three wells are actually tied in, and gas is going to market, that information will have to be legally shared with us in the next quarter's statement... otherwise the regulators will need to get involved.