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secondary offering has been cancelled due to "market conditions". Basically they know this is going down now and they don't want to help it along.
whew, talk about managing the stock price. i wouldn't go near this now. screwy
Not to mention all the people that lost money today and they pull the secondary after the market? In a very thin and disorderly market? What kind of management is that? They should get sued.
Someone obviuosly knew before the news was released too. Mismanagement again