Saturday, November 26, 2005

The Market Fazers Taser

Take that Taser, not only is this a dangerous weapon which kills but like other greedy corporate types Taser is caught with its hand in the cookie jar. What public pressure and outrage may not succeed in doing, the stock market may, that is getting Taser out of cops hands.

Shares of Taser International Inc. dropped as much as 14.2 per cent Friday after the stun-gun maker said the Nasdaq stock market had changed its status because of its failure to file a quarterly report with U.S. regulators. The U.S. Securities and Exchange Commission is currently investigating possible manipulation of the company's stock. The regulator announced in January that it was probing Taser's safety claims for its stun guns and the booking of a year-end order, news that sent the company's shares down 77 per cent.

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