GREY:EDYYF - Post by User
Comment by
whodathunkiton Sep 07, 2018 7:15pm
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Post# 28582968
RE:RE:RE:Bigger than expected news? Monday?
RE:RE:RE:Bigger than expected news? Monday?Misbrandt wrote:
Well since we are halted until news is released anyway it isn't like a little but of fun speculation and possible hyperbole will actually change anything. I do think it is of interest that the company asked for a halt which is abnormal for them on release of news (at least we can be pretty sure it isn't true announcement of more housing projects to build in Africa nor the completion of a single demonstration unit). There isn't much stock price to worry about affecting with news of a rollback and they could have just waited until trad8ng stopped for the weekend. That's a clue right there, why halt and not announce news during trading hours if they could have just waited a couple hours and announced any time on the weekend? Might be that it is big news and Gamble wanted to make sure no one tried to sneak some insider trading during the last few hours while they prepare a NR for Monday morning.
Not to be a Debbie Downer but, it could also be bad news. I don't have a huge investment in this but it's still money I don't want to lose. Positive thoughts, positive thoughts. :-)
Cheers.