The whole thing stinks............Why couldn't the news be released after the market closed? Why did trading have to be halted at 2 pm? Why wasn't LNV halted? The pros went to work on LNV as soon as SGY was halted. Drove it up, set up SGY for the trading resumption. Drove it up even before the news was released. They sold LNV at an inflated price and dumped SGY upon resumption. Funny, apparently we are supposed to have a sustainable, high dividend and 5.4 million shares weren't interested. I wonder why?
Yup, we are all on a level playing field. The retail guy has just as 'timely' information as the institutions. The retail investor played at the TSX casino and the the house won again.