GREY:ENGFF - Post by User
Post by
BRITNICK27on Aug 06, 2008 3:51pm
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Post# 15363064
Trades being reversed.
Trades being reversed.They are not being reversed because of the content of the release. They are being reversed because ENG failed to halt their stock before releasing adverse material information.
There are rules that govern releases of this nature (halt) that are in place so shareholders have time to digest the information.
It goes against good DD but unfortunately those are the rules.