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Feds halt trading of penny stock due to potential manipulation


Federal regulators have lassoed another errant steed in the wild west of penny stocks. NeuroMama Ltd. saw its shares spike 333 percent this year, giving it a market cap of $35 billion — larger than that of Tesla. Yet NeuroMama’s 630 million outstanding shares seldom trade and it last reported having a cash balance of...
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Source: New York Post


01:25, August 17, 2016 Richard Morgan

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