Got shaken out?
The reason for the move is simple and understandable, an inadequate float of free trading shares. There was an imbalance of orders in the market, leading to queries from the regulators, including IIROC, in relation to the rapid rise in the share price. The one week acceleration of the voluntary hold of the shares was approved in order to address this imbalance and create liquidity in the market. If anyone thinks this is a bad thing, then you have no business investing . Not to mention, insiders and management of the company are currently prohibited from selling into the market. I sold out after the halt was lifted, but now I am wondering if I made the right choice.