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.
Technology Stocks : Blank Check IPOs (SPACS) -- Ignore unavailable to you. Want to Upgrade?


To: Carl Worth who wrote (769)1/2/2007 10:31:15 AM
From: Buckey  Read Replies (1) | Respond to of 3862
 
OK - Thank you for clarifying that. Yes I am terribly cynical abut the equity markets and as you move downthe into the slime pits into teh oTCBB then onto the pinks and grey market pinks it gets worse.

I trade for a living basically - I run a small company with ten employees but ama trader of crappy POS stinky OTCBB stocks. Trading gambling whatever you want toc all it I make no illusions.

I just find the whole thing so mindboggling that you can raise $30 Million to $150 Million and then you sit on it for two years and do nothing but wind it down and take a slight loss. That just leaves me shaking my head here.

Raising capital for these IPOs - well I thought getting people to simply cut you money was much more difficult than this. - Heck when people have a great business plan and a product it is tough enough.

Sorry but Until I have time to research this thoroughly I will assume its a scam until proven otherwise. That is the way I trade my stocks - I assume they are a scam - guess what I am rarely disappointed LOLOLOL