Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Pastimes : MANIPULATION IS RAMPANT --- Can We Stop It? -- Ignore unavailable to you. Want to Upgrade?

To: PartyTime who wrote (426)	6/20/2002 2:25:07 AM
From: Dave Gore	Respond to of 589

Party, sounds like some classic death-spiral and floorless convertible debenture horror stories. This was very common in the 90's, especially in Pennyland and it's not really a suprise that so many large firms are being named as defendants, even today. Many of us took quite a few losses in the late 90's until we realized what was going on. Finally the word of these finacing traps got out and most companies and investors got wise to it. I hope everybody reads your link on the death-spiral lawsuits. Excellent post and reminder of how some got very rich using this manipulative practice. Maybe some are hearing about this for the first time. If so, you might be rather shocked.