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.

Strategies & Market Trends : The DD Maven -- Ignore unavailable to you. Want to Upgrade?

To: waitless who wrote (6)	11/30/2005 11:44:12 AM
From: creede	Respond to of 736

Waitless - welcome to the discussion. I could not agree with you more...and this line is what disturbs me. "I have a growing list of names that, if I see them associated with a company, causes me to immediately rule out the company as an investment." That is information I need to know BEFORE I buy. What if I am holding 2 million shares of said company, but no one will touch it because the CEO has so many skeletons in the closet(trust me, I know about this). The business plan can be stellar but still no one wants to dance. VERY FRUSTRATING. On the other hand, past failures do not mean they are scam artists. Bad CEO's perhaps, but not necessarily scammers. We definitely need a thread that has a list of possible "Red Flags". This list would not have to be just people. It could also be addresses that are used over and over. Bogus products, etc. I would be willing to put a DD link to your thread(SI would be a good one, but it doesn't have to be...IHUB would be very good as well since you could delete posts) IF it was tastefully done. If a person, place, or thing is on the list then it needs to have a reason with it...especially if it's a CEO. I would do it, but it would definitely take time. The "Red flags" would need to be checked out and backed with facts. Otherwise, every person with a vendetta would be constantly growing the list. IMVHO, what we are really looking for are pattern offenders. I would love to see it done, but I really don't have the time or experience to do it right. GB-ND c

To: waitless who wrote (6)	11/30/2005 2:18:08 PM
From: checkmate28	Read Replies (2) \| Respond to of 736

Waitless, I'd really like to see that site or list of previous lying cheating CEOs. I may soon have one to add. No onder these crooks get so mant bashers chasing them. FFF Is this you?

To: waitless who wrote (6)	11/30/2005 5:21:44 PM
From: rrufff	Respond to of 736

Let me add my voice to that request for your list, to which we all can add somewhere. I've posted a few times when I come across some of the names that are involved in serial dilution and r/s, but it's more a random thing as there is no organized board out there. There is a board on IHub that lists companies that have serial r/s (reverse splits) but not the principals and attorneys. A little up the food chain is the list of vulture capital companies. When you see these names, you pretty much know your share structure is cooked. The real subpennies and pinkies don't typically get them as there is not enough liquidity for these deals. The deals are typically at least $3-$5 million. If you see the names Cornell or Laurus, make sure you read the terms of the deal very, very carefully. As I've pointed out before, you would be amazed how many CEO's have no clue that a vulture financer can dilute his company exponentially. I related a couple of times the story of the CEO who said to me that he "trusted them as they said they would support the stock and never sell until it went up." I sold immediately and w/i a few months the stock went from the teens to zippo.