OTCPK:NOSOF - Post by User
Comment by
RRM53on Sep 19, 2007 1:15pm
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Post# 13427502
RE: REASON for HALT? To COOL-OFF the share price
RE: REASON for HALT? To COOL-OFF the share priceYou're right!!
This is a classic case of "the boys" getting to the the exchange and crying "there is something wrong-we've been going short and the stock keeps going up".
The stock is halted for 4 days and comes back with marginal new news and a lot of doubt in the minds of most investors who blow out their stock which is bought by those short covering and then the stock moves up a $1.00 from there. You don't think the public is buying this stock-they're scared sh**less-its the brokers who probably had a look at the cores and expect the next results to drive NOT over $10.00
This whole scenario stinks and we need to complain long and hard for an explanation of who ordered this halt, what were the exchange or OSC concerns(if any) and why they did not keep the company halted for the news on the 5th hole? After all we had already waited for 5 days when you tke the weekend into consideration.
You will also note that all the area plays are stuck at about a 15-30% below yesterdays close. Watch for a number of financings on these deals and probably NOT as the payoff for getting the brokerage firms off the hook.
It is going to be real interesting to see the September 15/07 short report-watch for it soon.
IF ANYONE KNOWS A POLITICIAN WHO WANTS TO GET SOME MEDIA ATTENTION THIS WOULD BE A PERFECT SITUATION TO INVESTIGATE BECAUSE THE PUBLIC IS THE ONE BEING SCREWED HERE!!!