KW Wingman:
Gosh, I don't know what burr has gotten under your saddle, but it must be large.
First:
... did not invest in Slickroad. I had made up my mind at a very early stage that the company was most likely a scam. If I thought that was the end of the story I would shut up. However, I have reason to suspect that deceptive stock pumping-dumping, shorting-trashing cycles are occurring. IMO that is stock manipulation....
This was a private company so consequently your statement above is illogical, irrational and non-sensical.
Are there pumping-dumping, shorting-trashing cycles all over the Web?
Good gracious yes. But you have to have a public market for a stock in order for it to be profitable and that just did not exist here.
Half in the interest of professional education, half as a hobby, I have made it a point to understand and recognize the telltale signs of stock promotion. Have you read the SEXI, BREX, RMIL, MTEI, and dozens of other equally infamous threads to recognize true swindling? I have, and well sir, SR ain't one of those.
Perhaps you would care to state an opinion on Iridium: fraud? bad-timing? or mismanagement on a global scale?
As for your continued impugning of Frank and ahhaha, you are just dead wrong. Any fair-minded observer who researched FAC's posting since his first appearance on SI would recognize that the accusation is not only improbable, but ludicrous. As for ahhaha, this post was quite illuminating: #reply-8183052 . Anyone who could leave SteveG speechless, must have said something of substance, because Steve knew his stuff. I can't claim to understand a majority of what's in that post, but what I do understand is on target.
You are far too eager to shout fraud. I can spot them pretty easily: the signs are obvious. H*ll, I could point you to a couple of NAZ tech stocks which are skirting the line if not over it. Again, don't even mention the OTC-BB.
The reason why the SR thread maintained interest was because there was genuine curiosity and interest in the purported technology - a technology in which highly skilled and experienced people saw great potential but which they did not fully understand. The thread was an attempt at understanding.
Even though SR is evidently dead, I am convinced there is something real here with the technology. By definition, innovations similar to that described on this thread are disruptive and highly polarizing.
Even though SR is evidently dead, the most likely explanations are more conventional: perhaps mismanagement, perhaps entrepreneurial hubris, perhaps Palmer himself was scammed, I don't know. I do know that it will all be revealed in time, that is, how investor funds were used will be revealed. At this moment, my guess would be that investor funds will be found to have been expended impudently, but not fraudulently (fraudulently meaning diverted to personal accounts.) If the funds were used impudently, it would not be a atypical for almost all start-ups. If this turns out to have been a scam from the git go, I will be really surprised - primarily because I trust my experience and ability to separate technical mumbo-jumbo from something truely new, if in-artfully explained. I trust most of the others here as well. But time will tell, won't it?
Having said all this and coming back to the issue of FAC and ahhaha, you have presented not one iota of proof, or even reasonable inference to accuse them of participating in less than honorable discussion. I suggest you go find some.
ww
p.s. Regarding in any case, a few people have chosen to try to shut me up. These powerful, questioning minds do their close minded thing on a "hear no evil, see no evil" LAN (FAC's new tech guru thread.
I am philosophically opposed to moderated threads. I believe in free speech. Inflammatory speech should be countered by more speech (paraphrasing someone on the Supreme Court). However, your right should be exercised prudently. Can you do it?
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