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Microcap & Penny Stocks : Amazon Natural (AZNT)

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To: Ellen who wrote (16845)1/22/1999 12:44:00 PM
From: Henry Volquardsen  Read Replies (1) of 26163
 
Illegal Profit Taking?????

What is that?

If they are referring to owning convertible preferred and selling the common stock short then that is not illegal, it is arbitrage. It is a very common practice. If that is the basis of their suit they will have a tough time proving manipulation.
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