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Showing posts with label stock halt. Show all posts
Showing posts with label stock halt. Show all posts

Thursday, August 18, 2011

SinoTech Energy Limited (CTE) Stock Halted - T-12

August 18, 2011 - T-12 Trading Halt - SinoTech Energy Limited (CTE) stock has been halted after the company was subject damaging allegations on the website Alfredlittle.com. At this point, we don't know when the trading halt will be lifted but we will keep an eye on the situation.

SinoTech to Respond to Allegations Made by Alfredlittle.com

SinoTech Energy Limited (Nasdaq:CTE - News) ("SinoTech" or the "Company"), a fast-growing provider of enhanced oil recovery ("EOR") services in China, today announced that it will issue a press release and hold an investor conference call in response to allegations made in a report posted on alfredlittle.com before the NASDAQ market opens for trading on August 17, 2011.

Alfredlittle.com, an acknowledged short seller of the Company's stock, made various allegations concerning the Company's business and the accuracy of the Company's prior statements. The Company is currently preparing a response to these unfounded allegations and intends to issue a press release and hold a conference call before the NASDAQ market opens for trading on August 17.

The Company has also been informed that NASDAQ has temporarily halted trading in the Company's stock pending receipt from the company of certain additional information. The Company intends to work with NASDAQ to promptly provide NASDAQ with any information it requires, and hopes that the current trading halt will be lifted in the near future.

T-12 Halt - Halt - Additional Information Requested by NASDAQ
Trading is halted pending receipt of additional information requested by NASDAQ.





Thursday, August 11, 2011

Exxon Mobil Corporation (XOM) Stock Halted Briefly

August 11, 2011 - Shares of Exxon Mobil Corporation (XOM) were briefly halted due to an error away from the NYSE. Exxon Mobil Corporation (XOM) stock went on halt after a trade went through down at $63.47. XOM stock has since reopened and is currently trading at $69.95, up 3%.



Monday, January 24, 2011

Molycorp (MCP) Stock Halted - T-1 Halt - News Pending

Molycorp Stock Halted 1/24/11 - News Pending......

Shares of Molycorp (MCP) have just been haltet today, January 24, 2011. This is a T-1 halt which means news pending

Update - 10:19am EST

Molycorp (MCP) was halted to notify current investors that certain IPO holders will be selling up to $500 million in stock. Molycorp will not be selling any stock nor getting any of the proceeds.

This is not dilution - The selling stockholders named in this prospectus are offering shares of our common stock. We are not selling any shares of our common stock in this offering. We will not receive any proceeds from the sale of common stock by the selling stockholders.

http://www.sec.gov/Archives/edgar/data/1489137/000095012311004672/d78447sv1.htm

Update #2 - 10:34am EST

More News - Molycorp Announces Approval of Phase 2 Expansion at Mountain Pass, a Proposed Mandatory Convertible Preferred Offering by the Company and Proposed Secondary Offering of Common Stock - Still No Dilution Yet

http://phx.corporate-ir.net/phoenix.zhtml?c=236277&p=irol-newsArticle&ID=1519052&highlight=




Tuesday, October 26, 2010

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



Thursday, April 29, 2010

Dendreon Corp. DNDN Stock Halted FDA Approval

Shares of Dendreon Corp. (DNDN) have been halted and the company just announced they have received FDA Approval for Provenge.

FDA clears Dendreon's prostate cancer vaccine.

Before the stock halt, Dendreon's stock traded above $45 per share. When DNDN reopens for trading this afternoon, I expect shares to trade between $50-$60.


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Tuesday, April 20, 2010

Apple Inc AAPL Stock Halted - Earnings are Blowout

Shares of Apple Inc (AAPL) have been halted and will reopen sometime around 5pm EST. Apple Inc reported $3.33 earnings per share vs $2.45 on 13.5 billion in revenue. These figures are absolutely amazing and should help the stock trade above $260 after it reopens in my opinion.

Apple Inc Breakdown - 4/20/10

Mac Sales - 2.9 million

iPhone Sales - 8.75 vs 7.5 million

iPod Sales - 10.98 vs 10million

Guidance - $2.28-$2.39 EPS Guidance for next quarter.



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Friday, June 26, 2009

ISTA Pharmaceuticals ISTA Stock Halted - 6/26/09

Shares of ISTA Pharmaceuticals Inc. (ISTA) have been halted this morning - June 26, 2009.

This ISTA stock halt is T-1, which means news pending. I will have the news right here when it hits.

ISTA News - Ista wins US panel support for eye itch drug

Disuss Stocks - http://stockstobuy.org


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Wednesday, June 17, 2009

Eddie Baur EBHI Stock Halted - 6/17/09

Shares of Eddie Bauer Holdings, Inc. (EBHI) have been halted on the following news today. Shares of the company declined 29% before the halt occurred. Discuss Stocks - http://stockstobuy.org

Eddie Bauer Files for Chapter 11 Bankruptcy Protection; Enters Into Bid Agreement With Private Equity Firm That Plans To Continue Operations

- Partner CCMP Capital Plans to Maintain Business as a Going Concern

- All Stores Open and Serving Customers

- Secures DIP Financing Commitment of $100 Million To Support Ongoing Business Needs

June 17, 2009 -Eddie Bauer Holdings, Inc. (Nasdaq: EBHI ) today announced that it has voluntarily initiated proceedings under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court in Delaware and under the Companies' Creditors Arrangement Act (CCAA) in Canada in the Ontario Superior Court of Justice (Commercial List), and is pursuing a sale process under Section 363 of the Bankruptcy Code and under the CCAA.

The Company has entered into an asset purchase agreement with an affiliate of CCMP Capital Advisors, LLC ("CCMP Capital") to buy the Company's assets through a bankruptcy process, subject to an auction and Bankruptcy Court approval, for $202 million in cash, with working capital and similar adjustments. CCMP Capital, a global private equity firm with significant experience in the retail and consumer sectors, intends to operate the business as a going concern with little or no long-term debt. CCMP Capital has agreed to:

Full Article

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Tuesday, June 16, 2009

Matrixx Initiatives MTXX Stock Halted - 6/16/09

Matrixx Initiatives Inc. (MTXX) stock has just been halted today ( 11:34am EST - June 16, 2009 ) as the FDA is telling the cold medicine producer of Zicam that it is asking all stores to pull the product from the shelves after receiving around 130 calls.

Zicam nasal spray is causing loss of smell!

Before the MTXX trading halt, shares plunged to $8.52 - down 45%

MTXX stock reopens down 67% to $6.30

Discuss Stocks - http://stockstobuy.org


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Savient Pharmaceuticals SVNT Stock Halted

Shares of Savient Pharmaceuticals, Inc. ( SVNT ) are halted this morning ( 6/16/09 ) due to news pending. Keep an eye on this situation and I will have the news when it comes out. You can discuss SVNT stock by going to http://stockstobuy.org

June 16, 2009 - Ahead of the Bell: FDA reviews Savient gout drug

FDA panel votes in favor of Savient's gout drug - Mike Huckman - CNBC - 2:56pm EST

FDA Panel Backs Savient Gout Drug Krystexxa > SVNT

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Monday, June 1, 2009

Cell Therapeutics CTIC Stock Halted - News Pending

This afternoon, 6/1/09, Cell Therapeutics, Inc. (CTIC) stock has been halted for news pending. The company will be presenting at the ASCO conference today so i'm assuming this has something to do with the halt.

I will post the news when it hits - you can discuss CTIC at www.stockstobuy.org or view our recent discussion thread.

CTIC News - June 1, 2009

Pixantrone Significantly Increases Complete Remissions, Overall Response Rates, Frequency of Durable Remissions and Progression Free Survival in Patients with Relapsed and Refractory Aggressive Non-Hodgkin's Lymphoma


Cell Therapeutics, Inc. ("CTI") (Nasdaq and MTA: CTIC) announced today that at the 2009 American Society for Clinical Oncology ("ASCO") Annual Meeting for the first time since the top-line data were released, complete pivotal phase III results of CTI's EXTEND (PIX 301) clinical trial of pixantrone (the "PIX 301 EXTEND trial") in relapsed or refractory aggressive non-Hodgkin's lymphoma ("NHL") were presented by Principal Investigator, Ruth Pettengell, M.D. of St. George's Hospital, University of London, the lead investigator for the PIX 301 EXTEND trial who presented the study at ASCO.

"Anthracycline-related drugs can be effective salvage agents in aggressive NHL, but our use of them is limited by the significant increase in risk of cardiac failure associated with high cumulative doses of these drugs," said Dr. Pettengell. "These results represent a breakthrough in that pixantrone could extend our ability to use a highly active anthracycline-like drug in such patients and deserves to be examined in anthracycline naive patients as a potential alternative to currently available standard anthracycline drugs." Full Article


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