Re: Alibaba1... Check this out!
in response to
by
posted on
Mar 17, 2010 06:16PM
The company is now known as FUSE Cobalt.
It sounds like the OSC is in the process of dealing with the issue of the reporting trades of by Alpha. The only thing I don't understand is why they don't fine them if they don't immediately comply with their request instead of letting the potential damage to individual stocks continue in the meantime. They should also be looking into this whole business of queue jumping as well. It is their mandate to do so. It is not difficult to imagine the complete disfunctionality of the markets that would result if 20 Alphas were all competing, "for a slice of the pie" at the same time instead of the present four. I also wonder what WEL's management knows that we don't about trades that may have occured recently which might serve to explain why the stock's price has been so severly impacted of late considering the otherwise positive news background surrounding the stock.