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Huge ASA announcement at 4PM 12/7/07

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Uncle Bunkle

Well-known member
Joined
May 20, 2005
Posts
1,232
Wow! Just got off the phone with a pal in ATL. You guys are gonna be pissed. Delta and ASA supposed to have an announcement at 4pm today (Friday).
As an aside, I thought corporations usually wait until after the stocket market closes to make large announcements on a Friday? Does the NYSE close at 4pm or 5pm EST?
 
Last edited:
Markets close at 4 pm ET. It's an old axiom that you announce bad news after market close on Friday in hopes investors won't notice or will forget about in by the time markets open on Monday. Of course, that's not always the case....
 
Regular trading times go from 9:30 to 4:00.

So toss us a bone. What's supposed to happen?
 
You can now wear Christmas ties.
 
Wow! Just got off the phone with a pal in ATL. You guys are gonna be pissed. Delta and ASA supposed to have an announcement at 4pm today (Friday).
As an aside, I thought corporations usually wait until after the stocket market closes to make large announcements on a Friday? Does the NYSE close at 4pm or 5pm EST?

4 700s in April CMR to ASA.
 
Does this involve those Biscoff's that were sittin' near an old DC-9 oil filter?
 
Also MCO.

Freedom is leaving

701EV
 

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