Hi ada. You were right. I bought more ROO today, down to $1.56 avg.
Do you understand what this post from Yahoo board means?
"It means that Wellington lent for shorting the shares they "bought" on the secondary. The company knew Wellington would do this but to secure funding companies often sacrifice the share price short term for the money. Got to keep those salaries coming in you know? Scumbags. Too bad for shareholders, they always get kicked in the balls."
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.