its when the shorts get stopped out we should see more action.
Like today.
The news aint good, more accounting woes in the US.
If the fundamentals are crap then how good id TA?
AOL falls 6% as SEC opens accounting probe
By Christopher Grimes in New York
Published: July 24 2002 22:47 | Last Updated: July 25 2002 7:16
Shares in AOL Time Warner fell more than 6 per cent in after-market trade on Wednesday as the group revealed its accounting practices were being investigated by the Securities and Exchange Commission.
Richard Parsons, chief executive, said the SEC was conducting a "fact-finding" investigation into a series of transactions made at AOL prior to the completion of the AOL-Time Warner merger.
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