6 months ago, this was a 1 hour program, today crammed in 15 minutes. NBC gave in to the investment banks, SEC & DTCC.
The special did mention that the SEC put in a new law that makes it illegal to naked short...
BUT....
...it grandfathered the law in, meaning all the fraud that happened earlier would not be looked into or prosecuted.
My God, what horsesh!t - on both NBC and the SEC (with the DTCC). The small investor, at all times, is looked at with disregard.
I realize this is a QBID board - I am a holder of between 1 million and 1.1 million shares. I believe that the naked shorting along with the Berlin exchange bullsh!t, is hurting our stock price (along with the incomplete numbers, etc.).
I apologize to the board if they do not see the relation in regards to naked shorting and QBID.
Shame on NBC for giving in to big business...
Posted by BuyTex on :
this *should be* on an off-topic board, but it is its own thread, dolfan, no Qbidians should be rankled. This is such an important topic, nobody should mind the multi-threads, but that being said, we should consolidate into one.
And, yes, from I'm heard and read, it was pathetic. As for the NSS, not only was gradfathered but also called "legal in certain cases."
Pathetic? actually, if the situation were 100x better, it might qualify as pathetic. We got capital screaming out of the economy, and the powers that be do nothing. The whole market needs dismantling/rebuilding, truly accountable to the new investing public that was undreamed of when the current structure was built.
Posted by OnceApenny on :
I think small investors should protect themselves, and avoid those crap/scam companies. The best way to start is a blacklist for Bad Boys on this board.
Posted by roadrunnerv8383 on :
OnceApenny, good idea CMKX, QBID, MLON, USCI, CNES, WFTV, and so many others.
Posted by OnceApenny on :
Looking at my account...
BIKO BYIT CYBT GBWL GNCP IEME IFTA KAIH RSGS THPHF WHLI GWBD
Posted by roadrunnerv8383 on :
should probably talk to the moderator about making a list of all these scams , high O/S, unknown O/S, past R/S history, ect... companies and have the list that stays at the top of the board. this would save a few people from these scams.
Posted by ravioli on :
did soso with mlon
Posted by Ric on :
Already is one but a lot of people seem not to notice it.
quote:Originally posted by roadrunnerv8383: should probably talk to the moderator about making a list of all these scams , high O/S, unknown O/S, past R/S history, ect... companies and have the list that stays at the top of the board. this would save a few people from these scams.
Posted by Penny-Trader on :
Funny you owned everyone of those. lol
anything else you lost money on lately?
Rod
quote:Originally posted by roadrunnerv8383: OnceApenny, good idea CMKX, QBID, MLON, USCI, CNES, WFTV, and so many others.
Posted by roadrunnerv8383 on :
quote:Originally posted by Penny-Trader: Funny you owned everyone of those. lol
anything else you lost money on lately?
Rod
quote:Originally posted by roadrunnerv8383: OnceApenny, good idea CMKX, QBID, MLON, USCI, CNES, WFTV, and so many others.
i was only in QBID, back when it was tradeble. QBID is down 70% since i sold. so, i know you have taken aleast a 70% loss since i sold. too bad you will never be able to get your money back since you rode QBID down to nothing.
Posted by roadrunnerv8383 on :
quote:Originally posted by Ric: Already is one but a lot of people seem not to notice it.
quote:Originally posted by roadrunnerv8383: should probably talk to the moderator about making a list of all these scams , high O/S, unknown O/S, past R/S history, ect... companies and have the list that stays at the top of the board. this would save a few people from these scams.
those are only reverse splits, i was talking about all the questionable investments that have no chance of going anywhere. especially the ones with several billion outstanding shares.