Jan 29th, 2008 // 1 Comment

Was the whole QTrax fiasco the end result of a scheme to pump up the stock of Brilliant Tech Corp, the online service’s parent company? Some numbers to chew on: The stock “has languished at 5 cents for more than a year. But on Monday after the announcement the price almost doubled to 9 cents before falling back to 4.5 cents after revelations from the labels. And now speculators willing to gamble that Qtrax will complete the deals have raised the stock to 5.5 cents.” [Hypebot]

  1. coolfer

    it’s unfortunate this theory has actually been posted on three blogs. it’s ridiculous.

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