RE:RE:RE:HALTED
I was thinking the same thing.....
If the market was truly efficient, than ARE's price this morning would not have risen by over $1 per share before the halt (triggering my sell order BTW :( ). So that leads me to believe that somewhere there was a leak, causing serious mysterious buying, driving the market price insanely higher for this stock, then, mysteriously, comes the halt, and after the halt, it skyrockets.
IMHO, somewhere, someone made a killing today, buying before the halt....
If the market were true to form, the shares would have driftly immaterially higher or lower, like any normal day, then once ARE announces their intentions, the HALT should have stepped in to stop trading...maybe if that were the case my sell order would have been triggered after the halt at a higher price.
Something fishy went on this morning IMHO.
Glad that some of you profited...I didn't...oh well, hasn't been a good year...can't all be good years I guess!
glta