Post by
lotsofcash8 on Jan 25, 2018 11:08am
Company will have to put out a News Release
Saying "they don't understand the sudden increase in volume and the management direction hasn't changed". Then in 3 weeks they'll put out a news release stating the opposite.
Comment by
muddymax on Jan 25, 2018 11:14am
havent seen a company halt for 'no material change' news before, but maybe the huge volume would make them halt for any news.
Comment by
Dollarpee on Jan 25, 2018 11:17am
IIROC may decide to place a halt till the company is contacted................
Comment by
snstock on Jan 25, 2018 11:25am
"Pending Company Contact" what does it mean ? what usually happens ? Volume was out of mind in 2.5 hours over 18 mill
Comment by
Matt0085 on Jan 25, 2018 11:30am
I think IIROC is trying to contact company to clarify the stock movement but they are unable to get in touch with the company. I called the company and talk to one of the lady (probably receptionist) she said “they” are not answering the phone and prefer to take a voice mail and call you back. i think those guys are preparing news release and don’t want to be in contact for a while.
Comment by
lotsofcash8 on Jan 25, 2018 11:33am
If thats what she's telling you, then there could be something actually happening. If there was nothing happening, they always talk to you.
Comment by
lotsofcash8 on Jan 25, 2018 11:31am
The exchange wants to know what's going on becuase of the spike in volume.
Comment by
snstock on Jan 25, 2018 11:33am
Thank you that what i was thinkig