Breaking News: As detailed on CNN with Wolf Blitze
Post# of 72440
Posted On: 11/07/2013 5:35:24 PM
Breaking News: As detailed on CNN with Wolf Blitzer, the OTC securities market was closed this morning abruptly when it was learned that an individual who goes by the handle of "Gov" on an investors board called iFlub inadvertently posted that she was selling shares in a start up biopharma called Cellceutix. Posters on iFlub knew that this announcement would certainly cause a "flash crash" in CTIX and likely the entire OTC board and contacted FINRA immediately. After an investigation by FINRA and a call by Elliot Spitzer to "Gov" it was revealed that in fact she had asked her broker to BUY 500 shares of CTIX. It seems that Gov was making her morning power shake with the Jack Lalane Juicer at the time she was posting and inadvertently wrote the word sell instead of buy.
The OTC will be open for business as usual tomorrow morning at 9:30am. Stay tuned to the Kudlow Report on CNBC for more details.....
The OTC will be open for business as usual tomorrow morning at 9:30am. Stay tuned to the Kudlow Report on CNBC for more details.....
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