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Strategies & Market Trends : Stock Crashes
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To: Leo C. Bouchard who wrote (264)1/31/1997 5:53:00 PM
From: John Crovelli   of 400
 
Check out TRLK. Stock dropped over 70% in one week due to being confused with another company (names were nearly identical). Fell from 5 to low of 1.5 and recovered to 2 today. No business reason for the drop other than the name mixup (see BusinessWire release). There is a thread on SI. Personnally spoke to the company and it sounds like this was just all a big mistake. Call them. Traded about 10 times normal volume today. Good steady chart before the PR screwup.
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