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To: Bill Ulrich who wrote (17424)1/28/1999 2:18:00 AM
From: Jeffrey S. Mitchell  Respond to of 26163
 
Another SCAM exposed...

msnbc.com

Here's my favorite part:

According to Ager, Lybrand thereupon opened up a briefcase and showed him a valise full of stock certificates, saying the shares represented essentially the entire public float of Citron.

“He said, 50,000 shares of buying in Citron would put the stock [then selling at $3] to $10-to-$12 immediately.”

“We promoted Citron on our Web site [www.topstocks.com],” says Ager. “And we did a dog-and-pony show with a lot of brokers, and Citron's stock started to take off.” But, says Ager, on Dec. 9, Lybrand telephoned in a rage and accused him of secretly shorting Citron shares and demanded that Ager return all the Citron stock he had been given as compensation. When Ager dropped the account, he sent a letter to his clearing firm and his own broker to alert them that he believed the entire promotion was “a scam.”


Valise full of certs? Accusations of illegal shorting by those hired to help? Sound familiar?

- Jeff



To: Bill Ulrich who wrote (17424)1/28/1999 9:48:00 AM
From: Blue On Black  Respond to of 26163
 
Bill,
...but quit pretending to be a CEO of a two-bit PoS stock-selling shop threatening legal intimidation, through your pinheaded shills...
He's not pretending...unless you were referring to just the CEO part. The rest of it is fairly well true.

Hey FARROW, two Coronas, pronto! And some nachos!
lee