Wall Street does not like suprises. There are going to be a lot of ethic questions that will need to be answered. This is a can of worms that will spill over big time past Monday. What other issues are there that we do not know about. I feel sorry for anyone who held on to TASR over the weekend. Huge haircut on Monday. If TASR is not halted I would expect no less than a $9 drop by noon and a close below $15. Double ouch.
what the hell would they halt tasr for this. It is not even direct news. Sure the market will react, but it is not news to halt the stock over what-so-ever. You are crazy, as we all know from your past posts (although funny).
Wall street will pop this up. on top of other good news, goodbye 20s.
Agree with you, this is not news to halt the stock, nor is it news to cause a huge plummett on Monday. I would see a max of 2-3 pt drop, not 5-15 pt drop. That's insane.
But TASR is creative, the timing of the news, which they probably had something to do with, gives them 2 days to counterbalance it with something positive. But they may wait until Monday night, so there could be a big buying opportunity on a big dip.