Post by Eagle1 on May 25, 2006 19:35:07 GMT -5
Go here to see any current trading halts
otcbb.com/marketwatch/
There is a difference between Trading Halts and Delays verses Trading Suspensions!
sec.gov/answers/tradinghalt.htm
Trading Halts and Delays
Securities exchanges, such as the New York Stock Exchange (NYSE) and American Stock Exchange (Amex), as well as the Nasdaq Stock Market, have the authority to halt and delay trading in a security.
A trading halt—which typically lasts less than an hour but can be longer—is called during the trading day to allow a company to announce important news or where there is a significant order imbalance between buyers and sellers in a security.
A trading delay (or "delayed opening") is called if either of these situations occurs at the beginning of the trading day.
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Furthermore, If a stock is "Suspended" then more than likely it will be Bad news a coming!!! IMO.
sec.gov/answers/tradingsuspension.htm
Trading Suspensions!
When the SEC Suspends Trading in a Stock
The federal securities laws allow the SEC to suspend trading in any stock for up to ten trading days. This document answers some of the typical questions we receive from investors about trading suspensions.
When can the SEC suspend a stock from trading?
When it serves the public interest and will protect investors, the SEC may suspend trading.
For instance, the SEC may act when public information about a company is not current, accurate, or adequate.
The SEC has acted when serious questions arose about a company's assets, operations, or other financial information.
Eagle1,
"One Team; One Goal"
“Many more Successes to come; this is only the beginning...”
usxp.proboards79.com/index.cgi
otcbb.com/marketwatch/
There is a difference between Trading Halts and Delays verses Trading Suspensions!
sec.gov/answers/tradinghalt.htm
Trading Halts and Delays
Securities exchanges, such as the New York Stock Exchange (NYSE) and American Stock Exchange (Amex), as well as the Nasdaq Stock Market, have the authority to halt and delay trading in a security.
A trading halt—which typically lasts less than an hour but can be longer—is called during the trading day to allow a company to announce important news or where there is a significant order imbalance between buyers and sellers in a security.
A trading delay (or "delayed opening") is called if either of these situations occurs at the beginning of the trading day.
-----------------------------------------------------------------------------------
Furthermore, If a stock is "Suspended" then more than likely it will be Bad news a coming!!! IMO.
sec.gov/answers/tradingsuspension.htm
Trading Suspensions!
When the SEC Suspends Trading in a Stock
The federal securities laws allow the SEC to suspend trading in any stock for up to ten trading days. This document answers some of the typical questions we receive from investors about trading suspensions.
When can the SEC suspend a stock from trading?
When it serves the public interest and will protect investors, the SEC may suspend trading.
For instance, the SEC may act when public information about a company is not current, accurate, or adequate.
The SEC has acted when serious questions arose about a company's assets, operations, or other financial information.
Eagle1,
"One Team; One Goal"
“Many more Successes to come; this is only the beginning...”
usxp.proboards79.com/index.cgi
