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Re: lumi007 post# 15119

Sunday, 04/12/2015 3:59:40 PM

Sunday, April 12, 2015 3:59:40 PM

Post# of 45717
There is a time limit (not sure how long but I seem to remember its less than a week)within which a company has to issue an 8K to the market once they become aware of a material event requiring that they inform the market, so they really couldn't hold on to news for that length of time as it would leak out.

To create an orderly market in the company's shares they have to keep the market up to date with all news relevant to the company.

Please note, the above post is neither a recommendation to buy or sell the stock. Everyone thinking of investing in a company should always conduct their own due diligence, to satisfy themselves, according to their own investment criteria that each compan