With Allied Brands Ltd. (ABQ) shares continuing to slide in response to their inability to source ice cream for their angry franchisees, attempts are apparently underway again at the company to "prop up" the share price.
With shares trading at 13.5 cents the last two days (keep in mind these shares were originally issued at 45 cents), the share price rocketed up to 14.5 cents in early trading today.
ON 100 SHARES TRADED!
That's right, someone paid a trading commission ($20 or more) to trade 100 shares, worth $14.50.
This kind of shady dealing has occurred previously with Allied Brands Ltd. shares, usually in conjunction with some kind of bullshit announcement.
Once again the shoddy ethics of this company are on view for all to see. Korda Mentha partners, take notice!
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