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Between September 1999 and February 2000, Lebed made hundreds of thousands of dollars from using a computer in his bedroom in Cedar Grove, New Jersey, using pump and dump by posting in internet chat rooms and message boards, encouraging people to buy penny stocks he already owned, thus, according to the SEC, artificially raising the price of the stock.
Yahoo Finance is a media property that is part of the Yahoo network. It provides financial news, data and commentary including stock quotes , press releases , financial reports , and original content.
March 1, 2013: Yahoo! announces that it was making some changes to the products it offers, including shutting down some while updating others. On April 1, the Yahoo! Message Boards site closed. The Yahoo! updates API were no longer supported after April 16. [112] March 25, 2013: Yahoo! acquires Summly. [113] [114]
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The Yahoo stock he owned was worth roughly $1.4 billion at the time, according to Business Insider. There was only one problem — Yahoo had not paid Cuban and Wagner in cash.
Yahoo! stock doubled in price in the last month of 1999. [23] On January 3, 2000, at the height of the dot-com boom, Yahoo! stock closed at a high of $118.75 a share. Sixteen days later, shares in Yahoo! Japan became the first stock in Japanese history to trade at over ¥100,000,000, reaching a price of 101.4 million yen ($962,140 at that time ...
Stop me if you've heard this before. A high-flying online company, suddenly flush with cash, goes on a buying spree to make itself "relevant" beyond its already-large core user base. Years later ...
An Internet forum, or message board, is an online discussion site where people can hold conversations in the form of posted messages. [1] They are an element of social media technologies which take on many different forms including blogs, business networks, enterprise social networks, forums, microblogs, photo sharing, products/services review, social bookmarking, social gaming, social ...