By: rlaino 17 May 2006, 10:23 AM EDT Msg. 184872 of 184880
In my 35plus years on the AMEX trading floor I have seen this before...Phony orders are put in and then duplicated and this smells of that type of fraud...Just MHO but I bet there will be an investigation of the 3 blocks of 500k that took this stock down to 75cents...lets wait and see.. GTE bounced back from 75 cents to $1.30 plus...that is some scenerio...time will tell....
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.