Q: Peter and Company,
Regarding the halting of trading yesterday... DirectCash DCI-T
You may choose not to post this . ... to ignore my comments.... or simply delete them.
Either way I feel I must vent my frustrations.
I am tired of companies such as ‘Veritis Investment Research’ that have the power to release statements and targets for a stock, but unless you are a “client” of theirs, there is no access to this breaking news or the material evidence to substantiate their claims. The claims and reports that are made by these Investment Researchers can carry so much impact it should be compulsory to make these available to the public and let the share holders decide what to do.
When the panic orders are submitted, after news, and in turn the stop loss orders are set in motion, all this can result in a very unrealistic price for a stock. The same can happen in reverse for a tid-bit of positive news as well, be it true or unfounded.
Question: When The Investment Industry Regulatory Organization of Canada places a ‘halt trading’ on a security is the company that made the ‘claim / report’ that caused the repercussion to halt trading “investigated” ?
It would very be interesting to know if that company or ‘any’ members or staff of that company may have had any ulterior motive, such as shorting a stock in question for their own gains.
I love 5i Research where members can get Totally Unbiased Informative answers to questions. Thank You. Dennis
Disclosure: yes, I do own a small holding of DCI-T
Regarding the halting of trading yesterday... DirectCash DCI-T
You may choose not to post this . ... to ignore my comments.... or simply delete them.
Either way I feel I must vent my frustrations.
I am tired of companies such as ‘Veritis Investment Research’ that have the power to release statements and targets for a stock, but unless you are a “client” of theirs, there is no access to this breaking news or the material evidence to substantiate their claims. The claims and reports that are made by these Investment Researchers can carry so much impact it should be compulsory to make these available to the public and let the share holders decide what to do.
When the panic orders are submitted, after news, and in turn the stop loss orders are set in motion, all this can result in a very unrealistic price for a stock. The same can happen in reverse for a tid-bit of positive news as well, be it true or unfounded.
Question: When The Investment Industry Regulatory Organization of Canada places a ‘halt trading’ on a security is the company that made the ‘claim / report’ that caused the repercussion to halt trading “investigated” ?
It would very be interesting to know if that company or ‘any’ members or staff of that company may have had any ulterior motive, such as shorting a stock in question for their own gains.
I love 5i Research where members can get Totally Unbiased Informative answers to questions. Thank You. Dennis
Disclosure: yes, I do own a small holding of DCI-T