RE:RE:RE:Pulled this off of NXO facebook. Opinions?
slowandeasy wrote: Hmmm curious. What you say makes sense. So, on the opposite side, is there any reason that Nexoptic would not put out news on product line in the market? How would that effect the stock market? Might they want the market to rise at the same rate as revenue or might they be setting themselves up to buy cheap stock before breaking the news in order to make a few bucks? And I'm just asking. Any insight for me? Thanx.
slowandeasy: A company is required to disclose any "material change". A big revenue generating deal would have a huge impact on NXO share price, and so would be considered a material change. I believe if NXO had a deal finalized and in place, they would have to issue a NR. Of course, they could keep any technical details confidential, this would just apply to the business side of it.
Any securities lawyer out here that can comment?
Cheers