Canoga Park Firm Asks for Stock Probe

Styles on Video Inc., a Canoga Park maker of computer imaging systems for hair salons, said it asked the American Stock Exchange to investigate recent trading of its stock for possible attempts to manipulate the price.

The company said it believes that short selling might have occurred that violates Securities and Exchange regulations. In a short sale, an investor borrows stock and sells it, hoping the price will decline so the investor can repurchase the stock at the lower price and garner a profit.