Saturday, March 24, 2007

Vonage Halts Trading

Vonage's stock tumbles below $4 per share after news of the lawsuit and probable injunction hits. The company halted trading Friday at noon. (Don't forget that Vonage is also facing 6 - count'em, six - lawsuits stemming from the IPO. Much of those lawsuits are by groups of investors (who we will henceforth call suckers).

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