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MagicJack Shares Tumble After Research Group Calls for Probe



 
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redpepper
Dan Should Pay Me


Joined: 13 Oct 2009
Posts: 501

PostPosted: Wed Jan 09, 2013 8:42 pm    Post subject: MagicJack Shares Tumble After Research Group Calls for Probe Reply with quote

See http://blogs.wsj.com/marketbeat/2013/01/09/magicjack-shares-tumble-after-research-group-calls-for-probe/?mod=MarketsMain
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SteveHC
Dan isn't smart enough to hire me


Joined: 26 Dec 2011
Posts: 498
Location: Southwest Florida

PostPosted: Thu Jan 10, 2013 2:09 pm    Post subject: Reply with quote

- The report's actual author remains annonymous, but he/she fully admits that they are and have been SHORTING THE STOCK!!! So who knows... and as a retail product consumer who doesn't own any of the company's stock, personally I could care less...
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SteveHC
Dan isn't smart enough to hire me


Joined: 26 Dec 2011
Posts: 498
Location: Southwest Florida

PostPosted: Fri Jan 11, 2013 4:39 pm    Post subject: An update from Bloomberg BusinessWeek Reply with quote

For those who might be interested:

http://www.businessweek.com/news/2013-01-10/magicjack-sinks-as-ex-ceo-rebuts-blog-israel-overnight

(Although the link and original article stated "MagicJack Sinks As Ex-CEO Rebuts Blog," this newly updated article is now entitled "MagicJack Rises From 7-Month Low as Ex-CEO Rebuts Blog")
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