National City (NCC) Halted w/News Pending

MrDODGE · Jul 14, 2008

What is the news?

capmac · Jul 14, 2008

They issued blow out earnings and raising guidance !!

Yeah right..

Bankruptcy.

MrDODGE · Jul 14, 2008

Looks like it is halted to stop a rumor they were about to go BK.

bdon · Jul 14, 2008

Quote from MrDODGE:

What is the news?

a midwest bank with huge mortgage exposure to Michigan. Gosh I wonder what it could be.

KINGOFSHORTS · Jul 14, 2008

yeah my tape went a bit bonkers. unusual number of prints,halt,large volume spike.

Love days like this. Makes trading worthwhile.

m22au · Jul 14, 2008

stock is barely rising despite the denial

m22au · Jul 14, 2008

new low despite the denial

The Kin · Jul 14, 2008

Quote from MrDODGE:

Looks like it is halted to stop a rumor they were about to go BK.

The SEC have traced the IP and have sent out the deathsquads.

bdon · Jul 14, 2008

Quote from The Kin:

The SEC have traced the IP and have sent out the deathsquads.

The SEC only does what goldman tells them too.

The Kin · Jul 14, 2008

Quote from bdon:

The SEC only does what goldman tells them too.

I thought Goldman was spreading the LEH rumours