Market Makers - What They Do and How They Do It Message Board

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Non-Tech : Market Makers - What They Do and How They Do It

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To: jjs_ynot who started this subject	9/29/2000 5:25:43 PM
From: David Klein	Read Replies (1) of 429

Question. Telular is a small co. with about 40 mill in revs and 13 mil shares OS. Stock was trading at about 20. Trading is halted for big news. The news hits and its great, they land a $68 million 12 month contract. Trading is resumed and the stock is crushed. In two days it drops to sub 13. Any ideas as to how this could happen considering the company will start to have positive earnings and huge revenue growth going forward?

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