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SevenTenEleven

01/10/11 11:55 AM

#29763 RE: wallstreetmav #29762

WSM - This is great to know and important for investors and potential investors to be aware of, and understand.
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PRmaniac

01/10/11 12:08 PM

#29769 RE: wallstreetmav #29762

What do you mean "cleared"? Do you have a link for your claim?

This is just the start of the civil suit against the defendant that bought and sold the shares.

I agree that those companies involved may have been unwittingly involved and likely have done nothing wrong, but the upcoming discovery is a process that sometimes uncovers some interesting things.

HRNF is known for putting out projections of buybacks and revenue while dumping billions of shares on gullible investors or doing reverse splits so the stock can get a bid and then can drop to no bid once again.

I am often wary when a company PR's that they may do a buyback and then, in the same PR, discusses potential equity issuances for financing.