TSXV:PEC.H - Post by User
Comment by
ANBCAon Nov 02, 2012 11:34am
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Post# 20555053
RE: This is the letter I got back from IIROC just
RE: This is the letter I got back from IIROC just You actually got a positive reply. IROC initiated the Halt yesterday and that leaves the impression they felt something was amiss. They would have preferred the company to request a Halt. As to the timeliness of the company statement, their forwarding of your email shows there open to further discussion on the issue.
It would have taken a huge loss of money and or an obvious insider leak to have seen the trades reversed. Many innocent investors would also be hurt by a reversal as they were astute enough to sell.
You have to know when to hold and when to fold!