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Strategies & Market Trends : Value Investing
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To: MCsweet who wrote (32557)10/21/2008 2:53:00 PM
From: Jurgis Bekepuris  Read Replies (1) of 78740
 
ABIX had pump-and-dump situation couple years ago when they announced that they will start selling some fantastic fire repellent. Stock spiked then crashed and all kind of nastiness followed. Do you know if management was guilty and if they have been replaced? I would not want to get back into the company if they plan to play similar games again. Of course, maybe insiders were not complicit... but I would not buy into the company without knowing the whole story. :)
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