The norm for all publicly traded companies is to r
Post# of 56324
Posted On: 12/07/2014 12:05:30 PM
The norm for all publicly traded companies is to release any news when the market is closed, so that all shareholders have a level playing field. For big board stocks, they actually halt trading for a time if news is to be announced during market hours. Also, the SEC is very concerned with any information released that could be construed to be inflammatory--"pump and dump" material.
Most companies try to be careful of both content and timing to avoid appearing to try and inflate the stock price(SEC no-no).
In following FITX for the past year, I do not remember their putting out any news while the market was open--correct me if I am wrong! The change in the web site did move the share price on Friday, and I think that FITX would only do that if there was a good reason to do so. Just MHO. We shall know soon.
Most companies try to be careful of both content and timing to avoid appearing to try and inflate the stock price(SEC no-no).
In following FITX for the past year, I do not remember their putting out any news while the market was open--correct me if I am wrong! The change in the web site did move the share price on Friday, and I think that FITX would only do that if there was a good reason to do so. Just MHO. We shall know soon.
(0)
(0)