Post A Reply
my profile
login
|
register
|
search
|
faq
|
forum home
»
Allstocks.com's Bulletin Board
»
Hot Stocks Free for All !
»
Scammers
» Post A Reply
Post A Reply
Login Name:
Password:
Message Icon:
Message:
HTML is not enabled.
UBB Code™ is enabled.
[QUOTE]Originally posted by Peaser: [QB] IDGI might be a nice quick play there... I am trying to figure that one out. Upon first glance, it appears to be a scam. A real pinksheet company should look to get off the pinksheets and onto the Nasdaq or some higher exchange if truly looking to benefit shareholders. By doing a 3:1 F/S at under a buck, this move doesn't benefit shareholders. The "company" announces a 3:1 F/S and the pps remains stable for a couple of days before tanking. The "company" announces the date of June 9th for the effective day of the F/S. The stock tanks, making me think that the "company" may have dumped a bunch of shares onto the market, after all, it is a pinksheet that wants folks to believe that it is filing all documents with the SEC. The "company" announces the effective date, in hopes of keeping shareholder interest in the F/S while unloading the wagon onto the market, making a ton of cash in the process. It sure would be nice to know the A/S + O/S. Not what the "company" claims as the share count, but the actual count. Guess what!! The "company" rescinded the F/S?!?! Now, all the suckers that held through the dump, are getting stuck holdin' the bag, with no extra shares to show for their devotion. I am offering up my thoughts on this stock only. If anyone has any solid evidence, please post as I am taking a crack at what might have occured here. [/QB][/QUOTE]
Instant Graemlins
Instant UBB Code™
What is UBB Code™?
Options
Disable Graemlins in this post.
*** Click here to review this topic. ***
Contact Us
|
Allstocks.com Message Board Home
© 1997 - 2021 Allstocks.com. All rights reserved.
Powered by
Infopop Corporation
UBB.classic™ 6.7.2