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Re: zandant post# 267273

Thursday, 07/11/2019 7:13:42 PM

Thursday, July 11, 2019 7:13:42 PM

Post# of 403096
I see.
Since the old "quiet period" assertion has been raised I figured I'd just ask. Here's what I think about it:

The legally required quiet period deals with the period after a company files a registration statement and before the SEC declares that statement to be effective. It is imposed so Companies don't use the period to release new information to pump the stock price prior to an IPO. (It's a lot more complicated but I think that's the gist of it.)

Every other quiet period is voluntary. Some public companies have policies against speaking after the end of a quarter/year and before the 10-Q//10-K is filed. Some have policies against public statements during the last 4 weeks of a quarter.
Obviously a Company can also decide just to STFU anytime it pleases. Unless it does something that requires public disclosure, such as entering into a material agreement or a Director departs or they change auditors, or they share non-public information with an entity/person who is likely to use it in an investment decision, a company doesn't have to speak.

I know of no rule that requires a company to answer its phone or respond to an email. Those are things that an investor can only hope that they do. If they don't it's nothing as formal as a quiet period, it's a management decision.

But can it core A apple?
Yes Ralph, of course it can core A apple.

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