Congrats to everyone who shorted this stock. I was suffering from FOBIAS (Fear Of Buy In After Spike) and was waiting for a higher price to get in. I thought I had time, but the SEC really surprised me here, they were actually quick on the trigger. I have a feeling they had help from some public spirited citizens. Oh well, as they said on the Turbodyne thread, maybe it'll open higher once the trading halt is over ;-). We'll know the game is officially over if Arthur comes back to report that he is shocked to discover that management has lied to him. I have noticed that Arthur has done a good job of establishing his credentials as innocent bystander.
Despite Jaclyn's laudable concern for those who were duped by this company, I'm not sure that there were many, if any, on this board. Most of the people here seemed to be either shorts or shills. In any event, I hope to see more rapid responses from the SEC in the future. I think they saved some innocent people some money through their quick action.
FWIW,
Mark |