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Bullboard - Stock Discussion Forum CI First Asset U.S. Tactical Sector Allocation Index ETF T.FUT

TSX:FUT - Post Discussion

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Post by BayWall on Oct 16, 2012 4:55pm

Waiting and wondering

The way trading has been going on during the past two months with hardly any volume, nobody would even notice the trading halt today. If no news comes out and nobody trades on insider information why bother with a halt. Protocol maybe.

 

Maybe to prevent block trades at 1/2 cent. If so then it's a bullish sign. It's fun to speculate today, but this has me sitting on the edge. Thinking about it all day now.

Comment by twebca on Oct 17, 2012 9:01am
Ben, there is nothing bullish going on with FUT. I own shares and i think its going to be bad news. Long halts 99% of the time are bad. I'm guessing they have been encouraged to announce something but weren't ready for it and are still preparing it. long wait = not good
Comment by BayWall on Oct 17, 2012 9:09am
A critic would say, look at the past 5 years and the lacklustre management of the company. Is it any different with the delay of the news release now over one day from the halt time. Just goes to show. If it is bad news, it would come as no surprise.
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