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Microcap & Penny Stocks : StarTronix (STNX) Great Opportunity
STNX 0.00010000.0%Feb 27 3:00 PM EST

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To: TJC who wrote (6600)6/10/1999 11:11:00 PM
From: Tom R. Jones  Read Replies (2) of 6629
 
Well, well, well,

I was just "goofing" off tonight and decided to check on some old stock threads just to see what was going on and I stumbled on to this one. STNX does a 20 for one reverse split and issues more stock!

At least now I know why the SEC allows this kind of thing to happen. The chairman of the SEC was on TV the other day. In his speech, he cited an example of an investor who was allocated some shares of an IPO by Datek. The investor sold those shares on the day of the IPO for a HUGH profit. However, Datek later said that they never REALLY had the shares to sell and therefore the investor could not have received them and could not have sold them, so the transaction was cancelled. Our esteemed chairman then said that investors have to be more careful!!!! Not once did he say anything negative about Datek's role in the fiasco! The man, IMHO, isn't very bright!

Good luck to all STNX stockholders. I hope that somehow you can get some of your money back if you are still holding!

Regards to all, Tom
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