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.
Strategies & Market Trends : Pump Dumpster
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: creede who wrote (42)5/24/2006 7:05:02 AM
From: rrufff  Read Replies (1) of 120
 
Along the lines of the previous post - see BCIT.

CEO claimed that shares were issued fraudulently, even forged and dumped on the market. After this comes out, the stock, which had tanked begins to run up quickly.

MM's and brokers panic. Eventually, the stock is halted and it looks like the CEO makes a deal such that classes of stock may be created and the counterfeit shares converted to cover the shorts on the books.

Who says that people can't work together?

At least, we see they can to screw retail investors.
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