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MAP Pharmaceuticals, Inc. (MAPP) Message Board

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  • vvvvvvrebel89130 vvvvvvrebel89130 Mar 26, 2012 3:38 PM Flag

    Streetinsider article says after hours decision

    isn't that interesting

    decision due after close?

    maybe mapp was halted because the decision was reached and they halted the stock and decided to release the news a/h???

    no clue

    we'll know in 20 minutes

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    • No the news from the FDA was given to MAPP, hence the halt. This is totally normal.

      As soon as the FDA releases its decision to the company the stock is halted. The company then prepares a press release, etc. and the stock resumes trading.

      Usually this results in a halt of one hour or so on good news. The scary part on this one is the halt is so long. Looks like MAPP is intentially waiting until the market closes to release the news which seems to indicate it might be bad news. But, no one knows for sure until we actually see the real news...