http://blogs.barrons.com/techtraderdaily/2007/07/17/localcom-hearst-apparently-sells-entire-22-stake/?mod=yahoobarrons Guys...we have been punked!!!
stop talking about Hearst selling 22% of the stocks, it's 2.7 million shares, so what?! Yesterday there were > 6 million changed hand and it was an up day.You don't like the stock, sell all and walk away quiet. Come back a week later and make comments then.
Dude, why would they sell?The submitted article sounds kind of odd and the overall feeling is to create fear, similar to the other submitted type article regarding LOCM patents angled to create hype.
I now count 5 reports on Barron's bad statement, all from Barron's article. Can someone post a link to the Barron's admitting to the mistake?
Didn't Barron's just retract that article?