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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by BullishBaytixon Apr 21, 2016 3:41pm
188 Views
Post# 24795666

RE:Still Halted

RE:Still HaltedI cancelled my sell set at $39.75 right after trading halted. I stand to gain huge on this, or lose less huge lol... but I think its worth the risk, and I suspect there must be an offer or it wouldnt be halted for so long, they would let it open back on the market and trade for the last bit, but looks like there wont be anything until after the close now, or perhaps they negotiate overnight and no news until tomorrow morning sometime. 
Not sure if I will sleep tonight. 

happyretirement wrote: One would think nothing in the form of news till at least 6 p.m. due to after market in the US available, first halt was due to single-stock circuit breaker which was possibly due to sudden
volume increase causing a momentary halt.  Second halt was at request of company due to
pending news, be it good or bad.  I think the IIROC may look into the cancellation of trades
performed between halts as this may indicate possible insider trading allegations.

GLTA


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