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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: E. Charters who wrote (138663)12/10/2008 9:14:47 AM
From: Veteran98  Respond to of 313090
 
I think the TSE needs to look at every listed stock as most stock trades have been unreasonable and need to be repriced :):):):)

2008-12-09 12:24 MT - News Release

Mr. David Rovig reports

TRADING IN GREYSTAR

A trading situation on the Toronto Stock Exchange this morning resulted in Greystar Resources Ltd.'s stock trading down sharply. As a result, the Investment Industry Regulatory Organization of Canada (IIROC) has deemed any trades below 72 cents as unreasonable and will be repriced at 72 cents or cancelled.

Greystar's president, David Rovig, said, "We are pleased that the TSX identified the situation and addressed it immediately."

We seek Safe Harbor.

Actually someone must have had fat fingers and put in a market sell order on over 950,000 shares most of which ended up selling for .05-.10. Saw the trades happening and almost crapped myself. Wonder what would happen if that was you or me that made that kind of mistake. Bet you we would be left hanging out to dry.....