Explains why Fox shares took a dive after Tricoms involvement.
'While Tricom had control of its clients' stock it often used it against the clients' interest by lending the shares on to hedge funds and sophisticated investors for `short' selling, to make a profit by driving the company's stock price lower.'
Dodgy dealings cost me a lot of money. Can't believe it's legal!!!
I suspect Don Harper was forced to sell his shares due to a margin call from Tricom. Payback for dealing with Tricom and for not looking after Fox Shareholders!!
FXR Price at posting:
0.0¢ Sentiment: None Disclosure: Held