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mimurray

03/26/06 8:54 PM

#51479 RE: cowboycadillac #51478

Not like it was written about in an article I saw earlier for sure. But what they showed about how that hedge fund wrecked that company was an example of what everyone is talking about when it comes to the short selling problem.

That hedge fund determined what was gonna happen to Biovail. And they held off releasing their report until they were finished selling it short. The exemployees they had on confirmed that.

It just stinks that our markets have gotten to a point where a company can work hard, and do everything right and still fail due to an outside force.

There is a problem out there. That is for sure.