I am SO not the financial/stock guru, I am in the stages of trying to learn more and more (thanks to some of you fine folks) about the stock market, but it doesn't take a rocket scientist to figure out that something is fishy here.
CNBC said the drastic fall and subsequent halting of UAUA trading had to do with an old article on their Chp. 11 filing.
How the hell could a stock go from $12.94 to $.01 and halted trading on the news of an OLD article resurfacing, if some truth to them filing an 11 isn't true. And, like someone else said, if it ISN'T true, someone's in deep doo-doo this morning.
But what do you guys think happened, really? I'm curious......