Linked by Thom Holwerda on Mon 13th Aug 2007 16:17 UTC, submitted by dylansmrjones
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Member since:
2006-05-03
SCO's stock trading for today tells what investors are fearing. It appears that they've read the ruling, decided to run & their dumping the stock.
SCO started at today's open at $1.56 per share. It ended at $.44 per share at the close of the day. After-hours trading has the stock up to $.45.
That translates to a 71% loss in a single day. An incredibly poor showing when just over 6 million shares were traded considering that the stock was at a high of $102.00 in March of 2000.
Check out SCO's Stock Ticker (SCOX) to see the stats.
I'm thinking SCO will declare bankruptcy quite soon.