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I'm not sure exactly what happened, but it appears that someone sold off about 100,000 shares of Nicholas Financial (NICK) this week (some mutual funds follow an October 31 accounting year). The stock didn't take it well. Such are the risks in owning a very small-cap stock. Nevertheless, it's still an excellent stock and the next earnings report should be out in the first week of November.

Posted by edelfenbein at October 22, 2009 10:13 AM