Friday, July 22, 2005

CAFE

Host America Inc. trading has been halted by the SEC over concerns the company released misleading information in a press release on July 12th.

Budd Foxx

5 Comments:

Blogger brandon said...

Budd, any idea how long these H10 halts typically last?

11:54 AM EDT  
Blogger Gordengekko said...

might be a few days to a few weeks.

12:22 PM EDT  
Blogger Bryan said...

What are the best and worse case scenarios with cafe stockholders. I am new to trading and am just a touch anxious! Value your opinion.

9:57 AM EDT  
Blogger Gordengekko said...

All depends on the news from the company and the SEC. Things could get ugly if the company violated SEC rules. Best case the company actually get a deal with Wal-Mart and another large retailer down the road. If the stock gaps down I can see lots of class action lawsuits.

Gekko

12:59 AM EDT  
Blogger Brendan said...

Regarding any news: What are the chances of Walmart, Host America, or the SEC making any announcements before the halt is ended? I feel that the SEC is not going to say anything, even after the halt is lifted (assuming that is will be).

8:31 PM EDT  

Post a Comment

<< Home

Search Engine Submission and Search Engine Optimization

Disclaimer: This website may include stock market analysis. Any ideas or opinions expressed by us is for informational purposes. Trade at your own financial risk as we assume no responsibility for your investing decisions in the markets. Blogarama - The Blogs Directory BlogRankers.com Business Blog Top Sites TopBlog.ws - Top 
Blog, Directory and Search Engine <