Today on PPX we have halted not one, not two, no, not even three, but FOUR propositions—all of them paying out at POP$0. No surprises here—all of the stocks in question had been trading below $10 for several weeks.
In summary, Digg.com was not shut down, no NASA bigwigs were fired, the iPhone was not recalled, and Facebook.com did not go public:
- DIGGRIP: halted at POP$0.50
- PNKSLP: halted at POP$2.50
- FACEBOOK: halted at POP$5.25
- IPRECAL: halted at POP$0.25
As always, happy trading! —John Mahoney