Well.....not for those who bought at .0001.
That is what is so spooky. It sure spooks me. The chart does not look good but what is more upsetting ( being a canadian venture trader ) I have never seen shares traded and then canceled. That is a very big issue that will have to be addressed. Halting is one thing but to rescind shares traded already? No one asked me but I think the MMs were not prepared for this to happen and that is not good either. Many posters are putting a positive slant on those events and I am not so sure they are right. Usually when halts are made, the TSX then requests an explanation. In this case, United Carina Resources Corp. was halted at 7:21 a.m. PT on June 11, 2004, at the request of the company, pending an announcement. Of what? The NR of CMKX stated nothing not already known or factored into the price IMHO. No... I don't like it but I hope it still runs for everyone still in it.
Here is the kicker. If UCA & KPG opens gap up after some parallel NR to CMKX, then what happens to those people who did buy shares?? This would cause much havioc... I know I would be bitching! But, if these do not gap up for some reason via a nr, then the TSX are all heros for police-ing their own exchange...
I will be very anxious to see the open monday and... to hear any rational comments on this board?
No to da moon stuff please.
Dallas, I think this post is within your guidelines with respect to CMKX. I am just discussing facts, I am concerned about.
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