RE:RE:RE:RE:RE:RE:RE:GDNP Trading Halted? In my limited experience the halt is put in place because something has leaked, or there are concerns something might leak. The lack of a resumption suggests that the final paperwork for whatever is happening isn't finished yet.
I've even seen halts like this extend into a day or two. If this does include an acquisition it wouldn't be uncommon for the details of a transaction to take time to wrap up.
jermoguy wrote:
I don't understand the trading halt at the end of the day. I just checked the Good Natured site and there is no announcement or news, and the market today (Dec 1) opens in 5 minutes. If trading resumes on this stock, what was the point of halting it yesterday? And if trading is still halted today, why not release the news pre-market open? Is this normal?