*AV*--Jeff isn't the only one that loves it. Just think, at $0.075 per share, you could own 1 million shares for $75,000 so that when it goes back to $3/share you have $3 million. Oh, I forgot, SYCR is the company that Jeff knew was a scam from the very start.<GGG> Money was made in the wild swings but eventually, as all shams, scams, hypes, and vaporware type companies, the poop sinks to the sewer. It's like a jack in the box and you never know when it is going to pop out and ruin your day.
Good Call Jeff. The only thing you did wrong was not to short this puppy into this oblivion from the very start. But what a deal now. Down 50% yesterday and filing for Protection under Bankruptcy. So from March of 1996(IPO??) to now, it was nothing but a doomed enterprise.
Unfortunately, I had this happen to BYDS which was a comp[any of substance but poorly managed. Then again, as I see this, I am beginning to believe I was sucked into a scam possibly. BYDS makes 3 noticeable screw ups for me in my 25 year investment career (BYDS, SPCL and CODE). I do not count IDID because it was a conscious gamble and only amount to $1,000 investment. But boy, watta paypack if it did come back<GGG>.
I am commenting about SYCR purely because of the bad publicity the FBNers are getting relative to be dastardly characters. This is ashining examples of how "you are protecting the uninformed masses from the shams and scams". Admit it folks, we are not perfect but you guys sure have a good batting average for ferreting out companies that will eventually strip you of your hard earned working capital.
Andrew |
