RE:So here is the answer from NFG
braindeadoldguy wrote: "The NYSE makes its own decision on if and when to halt, a decision that is not fully in our control."
Cheers
Yeah that is a wishy washy answer considering that the company requested the halt and not the exchange. I think somebody is being reckless with the truth. Lol. There wasn't any reason to halt the stock unless they thought the news had leaked prior to the news release. Well for any day traders out there you will know what to do the next time the stock halts. Buy it up on the US exchange and dump it at the open on the Canadian exchange for a quick profit. I suspect there was somebody doing that today but I'm only speculating.
Regardless of what really went on the news today was really good news and I think it was well received by the market. Now let's see if it can continue this run over the next couple of days. NFG can be a very explosive stock as we witnessed back in May. Is this the beginning of round two? I sure hope so. Go NFG!!!