Tuesday, October 31, 2006 7:45:51 PM
If you look at the stats from the IPO you will see that it opened at .40.
In less than a week they took it down to under .05
in another week down to under .01
You don't do that under normal stock trading.
Some one or group was hoping to drive the co. out of buz, this would have made them a lot of money they don't have to buy back.
It is called naked shorting, and could be as high as 3 ftds per real share.
Its a guess, The SEC will not reveil certain grandfathered traders who are knowen to deal in long term FTDs.
I my self beleae about 150 mil ftds on this stock.
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