2007-03-16 17:33:21 · 3 answers · asked by thumbofgod 1 in Business & Finance ➔ Investing
Guessing it was an institutional seller wanting out. This stock doesn't have much liquidity so any movement by the big boys will cause it to rock. There was also an announcement on Infograms doing a stock for bond swap. This shouldn't impact atari directly, but maybe the weakness in infogrames ability to raise capital is effecting atari's ability to be a going concern.
2007-03-16 18:00:18 · answer #1 · answered by MagicalMke 4 · 0⤊ 0⤋
Because no one plays Atari anymore
2007-03-16 17:38:54 · answer #2 · answered by Steve 3 · 0⤊ 0⤋
b/c nobody likes asteroids anymore
j/k
being as there is no news, that is likely an insider or large stakeholder moving out of their position. they know something we don't. get out of this thing
2007-03-16 20:22:08 · answer #3 · answered by Byron W 3 · 0⤊ 0⤋