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Tuesday, March 23, 2010 12:14:27 PM
was an understatement...Disintegrating bid?
I think the reason for today's action is clear.
By offering 1000 free views of the show, the company has just given away $10000 in cash they can ill afford to lose.
It sounds more as a desperation move to attract ANY viewers of the fight online.
It will be interesting to see what happens the rest of the day, but the indications now are that people, since the day the CAVEAT EMPTOR shingle was hung, have become VERY skeptical. And yesterday's news that UNAUDITED numbers were expected to be put up to remove it didn't do much for investor confidence.
IMO/FWIW
"Taking advice from known stock promoters is like telling a pickpocket where you keep your money!!!"
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