A few people pointed out that CUU was #3 on the top 10 gainers list of Venture stocks last week.
The #2 stock on that list, CGX Energy, is getting some news this morning. I wouldn't mind some continued gains before we get our halt, followed by a massive rush into the stock...
VANCOUVER, May 7, 2012 /CNW/ - The following issues have been halted by IIROC:
Company: CGX Energy Inc.
TSX-Venture Symbol: OYL
Reason: At the Request of the Company Pending News
Halt Time (ET): 8:55 AM ET
The Investment Industry Regulatory Organization of Canada (IIROC) can make a decision to impose a temporary suspension of trading in a security of a publicly listed company, usually in anticipation of a material news announcement by the company. Trading halts are issued based on the principle that all investors should have the same timely access to important company information. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.