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Replies to post #200482 on Dewmar International BMC Inc (DEWM)
NoMoDo
02/14/18 12:10 PM
#200483 RE: Snoop_dog #200482
If it was true he would of say a update on the merger.
For publicly traded stocks, the four weeks before the close of a business quarter are also known as a quiet period. Here again, corporate insiders are forbidden to speak to the public about their business to avoid tipping certain analysts, journalists, investors and portfolio managers to an unfair advantage – often to avoid the appearance of insider information, whether real or perceived.
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