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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: MulhollandDrive who wrote (49035)8/16/2000 5:30:04 PM
From: Junkyardawg  Read Replies (1) of 63513
 
I know you are kidding but I saw that happen on a stock once. (I can't remember what stock it was)
But a group of people bought up most of the float and they thought they had the stock licked.
What happened? Come to find out the company had about 50 million shares in the treasury that that could issue for just that reason and they just pumped more stock into the float. Bummer

dawg
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