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
Budd Foxx
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5 Comments:
Budd, any idea how long these H10 halts typically last?
might be a few days to a few weeks.
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.
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
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).
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