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Blogonomics: Market Manipulation?

Posted on July 01, 2008

For the past week, anybody going to this page at Seeking Alpha has found a blog entry that isn't there. There are 42 comments, untouched. But the actual blog entry, we're told, has been removed, pending investigation of claims of material inaccuracies . Joseph Tartakoff has the story: the blog entry was written by one Liam Mulcahy, a purported hedge fund manager who was short the stock of Microvision (MVIS). After it appeared, Microvision stock fell by as much as 20%, and closed down 10%. It was all very scandalous, with accusations of market manipulation being thrown around willy-nilly. Here...

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