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Monday, November 26, 2012 10:22:33 PM
It will definitely be interesting to see how this is handled with ICOA.
Once thing I am really interested in is if the guys who started this shorted ICOA just before the sell off. The FINRA short numbers are always skewed. Probably only the Transfer Agent would know.
To short a triple zero stock takes a lot more than your run of the mill E*Trade retail account.
The reason I think shorting might have occurred is that for two hours after it was obvious this was a fraud tons of shares were being purchased at .0001. Not sold but bought. Almost like someone was covering for a real nice profit.
MarketCaptain
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