Tuesday, August 18, 2009 12:34:38 PM
This is my first time on a blog, hope I can add some value. Only able to post 3 daily until approved, so I'll just hang around listening to the chatter for a while. I have a good sized position, maybe not as much as some of you, but I'm concerned why the drop off in volume the last few days.
I read something aways back about these 504's getting lots of shares for a fraction of the current trading price, and then quickly selling them off to get their $$$$ back. Does anyone understand why this is allowed? Isn't this considered "pump & dump", while the company issues press releases.
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