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jmbar2

04/02/11 6:04 PM

#7776 RE: SRV-90 #7774

I have no proof, but believe that CWRN did after some extreme manipulation attempts.

They had a false report of paid promotion resulting in CE, followed two weeks later by a false buyout offer with over 140 bash posts from 18 different posters in a single trading day causing chaotic trading. The CEO was pissed and said he would look into it - soon after, we got Trade-for-Trade.

Since then, it has traded much more evenly and predictably - far fewer bear raids. CWRN longs have greatly appreciated the orderliness that trade-for-trade brought to this stock. Seems to have had no ill effect on longs or people adding.

If you read the links I provided, you can see that companies undergoing reorganizations of various types go trade-for-trade. I assume that they may initiate change in status in some of those cases.

Z_Man over on the GRDO board did some good research on this as well around the first of March or so.

Would be a very good question to ask the folks at CNS. Please post what you find out.
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jmbar2

04/02/11 6:13 PM

#7777 RE: SRV-90 #7774

Here's part of the discussion on this from ZEVOMan - a long and complex thread but sheds a lot of light on the process.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60678311

GRDO is in the process of RMing and this occurred after the process had begun.