Friday, March 30, 2007 12:26:42 PM
how our markets work and are stacked against the common shareholders take a look at the HUGE spike in vol before the FDA decision on DNDN came out.
Last week DNDN traded around an avg vol of 3M shares per day.
And had a reported short interest of 26M shares.
Last Friday the vol jumped to ...9,452,200
Monday vol was .................16,196,800
Tuesday vol was ................10,820,800
Wed. vol was....................32,840,900
Thurs...........................Halted
With FDA decision late in the day.
There was an obvious leak as to what the FDA decision was going to be well ahead of time IMO.
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