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Star Scientific, Inc. (CIGX) Message Board

  • thetimehascomethewalrussaid thetimehascomethewalrussaid Aug 26, 2011 11:53 AM Flag

    Why it was halted

    The stock was halted because the trading was "Not Orderly" - up $.90 dowm $.24 - that's not "orderly". The stock should have been halted BEFORE the news came out so it could be digested and MANAGEMENT NEEDS TO COMMENT on it. It looks like there is some good and some bad in the decision. My comments.

    First I need to read the whole opinion, but the dollars involved are so big that ANY GOOD NEWS could be very profitable to Star.

    Second, we need to know what the chances are for appealing any negative rulings and

    Third, the really big money in this company will come from the medical side which is about to roll out any day now, followed by supporting medical studies.

    Be of good cheer if you are long - there is far more going for you than against you.

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