Today's NASDAQ-OTC trading has been "fast and furious" -- in Mattersight's common stock.As of about 2:48 PM EDT, nearly 110,000 shares have changed hands -- nearing triple the normal average volume, and down 7.77 percent for the day.
Wow. As I warned all last -- and this -- week, do be careful out there. Mattersight is lucky that Jamie Dimon's woes are drawing swift SEC scrutiny, in the news cycle today -- as on a quieter news day, MATR might have already heard from the SEC about the dismissive way in which it has so-far handled its mis-statement (understatement, actually) of its GAAP continuing operations losses per share, for the prior three years, and the prior three consecutive quarters.
Wild.
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