Clean Diesel Technologies CDTID Stock Halted - T-12 Halt

By Tim - http://stockstobuy.org

Clean Diesel Technologies, Inc. (CDTID) stock was halted for trading today by the NASDAQ at 2:40pm EST. This CDTID trading halt came after the stock was up almost 90% for the day. The halt was a T-12 halt which is when an exchange requests additional information from a company.

When will CDTID trade again? It depends! These T-12 halts can last a day, a week, or even months. We don't know what the NASDAQ is requesting so it's hard to speculate. If Clean Diesel Tech doesn't open back up tomorrow, the company has some major problems on it's hands.

My guess is the NASDAQ is looking into the recent news and is asking CDTID to provide a public statement on the cause of the recent stock spike. Clean Diesel Tech would probably be wise to come out and state, " We don't comment on market activity."

For more stock market update, visit http://daytradingstockblog.blogspot.com

Art Hogan CNBC Hogan Bottom 2/6/09

Art Hogan - managing director at Jefferies came on CNBC this morning and gave an update on where he stands on the stock market. Art Hogan is famous for a CNBC term, Hogan Bottom.

Art Hogan Comments - February 6, 2009

Things are looking positive

- Market digesting bad news, good sign
- Looking at stimulus plan as being constructive
- You are seeing risk is moving higher, people are buying apparel retailers, people coming out of stocks like Wal Mart ( WMT ) and the 10 year treasury and taking on some risk.

Sectors to Avoid

Residential Real Estate and Auto Sector

What is the Hogan Bottom?
Art Hogan November 2008

For More Stock Market Updates, visit , http://daytradingstockblog.blogspot.com/ or Subscribe for FREE