Replies to post #79246 on Anavex Life Sciences Corp (AVXL)

[drv17]

Jon Jones I will re-post this as a possibility (and my hope).

Guidelines[edit]
During a Quiet Period, a publicly listed company cannot make any announcements about anything that could cause a normal investor to change their position on the company's stock. Normally, that means the company does not discuss any of the following:

New deals or wins signed in that current quarter. Announcements about previously sold implementations going live are allowed but must be explicitly described as such.
Management changes
Progress against company goals
Major product or service announcements
Major partnership announcements



I'm not sure that they can even state that they are in a quiet period if in fact they are. Xena would know that with her experience.

[powerwalker]

JJ, why do you and others believe a TA is allowed to release that information to begin with? TA's are hired by companies and should be reporting to those parties only, not to some caller on the phone.

There is no gagging ... it is exercising proper control over the company's data.