Halts only occur if the company is going to say something. The buyout rumor came from a different source.
Made a trade on thiss POS today long. Weak action... Hope I made the right decision and dumped this before their earnings tomorrow. My only losing finacial trade today. Coin flip on earnings. Probably shoots up now that I'm out again....
earnings bad, and worse than expected...but better than traders thought! I only go long countrywide like i say long time ago. Stock going into the shit-hole means you look for times to buy it. more winners than losers. Keep on rockin' me dragon!
So many idiots bought CFC. Why would anyone buy stocks in a company where the CEO is unloading shares left and right as quickly as possible.
I dunno...I keep making money going long CFC, but I guess I am not stupid enough to hold on to the stock very long. Third day in a row it's up, I think I'll be exiting my long position. RIDE The DRAgon!