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Strategies & Market Trends : Pump Dumpster

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From: creede5/23/2006 9:30:35 AM
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Posted by: westeffer
In reply to: Creede Bighorns who wrote msg# 697 Date:5/23/2006 8:19:17 AM
Post #of 862

Creede-GVRP debacle was about one year ago.....After the reverse split and before the forward split....I bought 800 shares subject to the forward split at 30,000 shares to one...remember there were only 11 shares outstanding....sure enough Ameritrade credited my account with 24 million shares....then quicly announced that all sales were at our risk....then basically appealed to the SEC. Meanwhile the insiders had sold about 300,000 shares at 3-10 bucks...guess what? they gt to keep their crooked gains and the SEC then let them create two classes of stock....they then reverse split my stock by 30,000 to 1 so I got my 800 shares in MAMG now worth 8 cents. I called the SEC and got the run around from everyone...they protected Ameritrade all the way...I asked the chief investigator if she was paid off and hung up on me. To hell with em. Everyone of them checks out of their enforcement job and get's a fat deal in the industry. My son is a consultant to Goldman and he knows how I feel about those bums.




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