Mcsnacks H Tupack
152398576
:
It's in their rule book, and unless the company has had a meeting with them discussing compliance plans, then news must be released after a certain gain has occurred. Even if it's just a fluff piece.
Mcsnacks H Tupack
Lnova
:
Yes. It's a general rule. There may be a certain amount of warnings before it happens but I know one company was going back and forth with them last year about it. They said they didn't have any news to release so they were suspended from trading for 2-3 days after they saw a 300% increase.
Mcsnacks H Tupack
Lnova
:
See they released news that was in their 3rd quarter financials yesterday. It's not breaking news. It's just so they have an excuse for it running up.
152398576 : Nda
HannChau : Should have good one, already almost there
Mcsnacks H Tupack : The SEC is forcing them to release news or they will be suspended and investigated.
152398576 Mcsnacks H Tupack : Where did you find that out
Lnova Mcsnacks H Tupack : really ?
Mcsnacks H Tupack 152398576 : It's in their rule book, and unless the company has had a meeting with them discussing compliance plans, then news must be released after a certain gain has occurred. Even if it's just a fluff piece.
Mcsnacks H Tupack Lnova : Yes. It's a general rule. There may be a certain amount of warnings before it happens but I know one company was going back and forth with them last year about it. They said they didn't have any news to release so they were suspended from trading for 2-3 days after they saw a 300% increase.
Lnova Mcsnacks H Tupack : Maybe this is what happened to $Chanson International (CHSN.US)$ too
Lnova Mcsnacks H Tupack : ty for explaining
Mcsnacks H Tupack Lnova : See they released news that was in their 3rd quarter financials yesterday. It's not breaking news. It's just so they have an excuse for it running up.
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