August 13, 2007

Dead Meat

SCOX: Summary for SCO GRP INC (THE) - Yahoo! Finance

It is with unalloyed joy that I am watching the SCO stock price free fall this morning.

Four minutes into trading and it's down 75% from Friday's close: 40 cents. 40 cents!

I am also buoyed by thinking of all the bagholding freeloaders who thought theft and extortion were a good business model, who bought SCO stock back at $5? $10? Suffer, bastards.

Now 6 minutes of trading, volume 327,665 (against a 3-month average volume for the day of 163,994) and they are testing a support price of .38 ~ .40. Good luck with that. This stock will never see $1 again.

Good riddance.

Posted on August 13, 2007 08:52 AM