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[QUOTE]Originally posted by T e x: [QB] [QUOTE]Originally posted by PCola77: [qb] You're missing the point. Whether you, Stockstar69, held the stock from $3 down to worthless, or you held it from $3 to $2 and the person you sold it to held it from $2 to worthless, the same amount of money would be lost. You care about your losses, the SEC does not care about you individually. I'm curious what you think would be an acceptable course of action by the SEC? Did you want them to keep from halting long enough for YOU to sell, so that someone else lost all their money? If that's your opinion, then you don't really care that the SEC stepped in, you just care that you didn't have a chair when the music stopped. If you have an idea for how this could have been handled better, I'm curious what it is. [QUOTE]Originally posted by Stockstar69: [qb] Scam or not WE did not witness the rapid decline in stock price until the stock was halted by the SEC. I say again, thank you, SEC for protecting us! If the stock gradually declined like it would have our losses would have been SUBSTANTIALLY less as we would have gotten out on the way down. [/qb][/QUOTE][/qb][/QUOTE]not to mention that the suspension was hardly a surprise... :rolleyes: [/QB][/QUOTE]
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