OCZ Technology Group Well Off Lows After Seeking Alpha Hit Job (OCZ)

Seeking Alpha apparently has become the next Muddy Waters, especially in the way it moves the markets. A negative piece was put out this morning on OCZ Technology Group Inc. OCZ calling the company a fraud essentially, and this sent shares down some 30%. Shares have since rebounded approximately half of those losses, but are still down nearly 18%, a loss of $1.72 to $7.88. This comes on 16.3 million shares, well above the average daily volume of 900,000 shares. OCZ Technology Group, Inc. designs, develops, manufactures, and distributes computer components for computing devices and systems worldwide.