SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Conac Software Corp COT.V (was Exor Data)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Wee M. Wong who wrote (246)7/30/1997 11:39:00 AM
From: Larry Rossi   of 527
 
Wee,
Well we now know why the stock was going down in what appeared to be a reasonably positive atmosphere being promoted by the company. I have only had one stock in many years that managed to surpass the pre rollback price. Usually, on the rumor of rollback I sell immediately. This is what probably dropped the price, as people close to the insiders got wind of the possibility of rollback. This stock kind of caught me by surprise as it appeared to be moving in a positive direction. Rollbacks are for the advantage of the management of the company, not for the shareholders. I have managed in the past to pursuade enough people to vote against rollbacks. In all these cases the stock rebounded by itself. Never fall for the company line that if there were less share out, financing would be easier to obtain. True, it is easier to obtain, but only to the benefit of the insiders and houses doing the financing.
Lets stop this rollback. VOTE AGAINST

Larry
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News