WebMediaBrands (WEBM): I really don't know what to make of this...

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goosemeister

Re: None

Monday, 04/18/2011 5:22:09 PM

Monday, April 18, 2011 5:22:09 PM

I really don't know what to make of this:

At 11:39 was the first share buy (4.2k) of the quick move to $1.60, which was reached at 11:45. During this move that lasted 6 minutes, there was over 300k in volume.

The peculiar thing is what was posted on benzinga.com at 11:42, which is pasted below. The timing is odd and the inclusion of a White House link is even more odd.

Positive Rumors About WEBMEDIABRANDS Circulate (WEBM)

By Franklin Price
April 18, 2011 11:42 AM

Unconfirmed Positive rumors circulating at WEBMEDIABRANDS (NASDAQ: WEBM).

http://www.whitehouse.gov/schedule/complete

http://statistics.allfacebook.com/applications

This article may include mentions of rumors, chatter, or unconfirmed information. Readers should beware that while unconfirmed information may be correlated with increased volatility in securities, price movements based on unofficial information may change quickly based on increased speculation, clarification, or release of official news.

Read more: http://www.benzinga.com/news/rumors/11/04/1012633/positive-rumors-about-webmediabrands-circulate-webm#ixzz1JubbtrBK