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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Richard Miller who wrote (19870)3/12/1999 3:19:00 AM
From: Jay Fisk  Respond to of 122087
 
Must be something going on here !

nasdaqnews.com

Washington, D.C.—The Nasdaq Stock Market® announced today that trading of North Face, Inc. (Nasdaq: TNFI) was halted for "additional information requested" from the company. Trading in North Face, Inc. was halted on March 11, 1999 at 9:07 a.m. at a last-sale price of $13 3/16. Trading will remain halted until North Face, Inc. has fully satisfied Nasdaq's request for additional information."""

Ok - halted - but look at the last ten days:

tscn.com

and the 7 class-action suits filed, one before the halt ??? Is that legal front-running ???

tscn.com




To: Richard Miller who wrote (19870)3/12/1999 9:30:00 AM
From: timers  Respond to of 122087
 
No, the trader routed the order wrong. I'm with a direct access firm. He routed it to a MM who's system was down, then Select-net and sat waiting. He didn't route it to ARCA.