Monday, June 9, 2008

TASR stock plummets

Friday it closed at $6.90. Today it opened at $6.40. It then went as low as $6.00/share at one point today. Right now it is oscillating around various values under $6.10.

This means that the $6.2M judgment represents about 1.6% of the total market capitalization.

That's not a pound of flesh. It's closer to 3 pounds of flesh. Ouch.

Just one judgment.

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