RE:CEO said there will be a press releaseThx for that Pivotcatalyst that is good for the company.
Back a few years ago I was involved with another company that the same thing happened to, nose dive. The ceo of that company was up set as well and I believe him because I knew him for many years personally a good friend.
Ok . This is what the Company said that the TSX said. That some trader had a sell order placed at a target price for a client that wanted to sell, that was set at a high price but wanted to be informed by his broker before it was filled, to see if he wanted to move his marker higher; well, low and behold that broker at the time went away for a short vacation because there was a long weekend coming up and he wanted to get there early, and would know that the sp hit the clients sell price and down she went. That was what the we were told.
Now 2 weeks later I was still not feeling confortable about that issue, so I know some peoples at the TSX as well, so I dropped a few hints to those people you know nudge nudge, wink wink, and this is what came back to me, nude nude wink wink. The story I was told was true for the most part, the only thing different was that the broker may have been asked to go on vacation early because someone wanted in at a lower price, who knew that, that order was sitting there at a certain sell point.
P.S. TCMA this may not be true.....