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.
Strategies & Market Trends : RFGI Launches Daytrading Internet Brokerage Service -- Ignore unavailable to you. Want to Upgrade?


To: jjs64 who wrote (125)2/13/1999 2:32:00 PM
From: im a survivor  Respond to of 144
 
Old news is all I can say. 1997, hmm...thats 2 years ago. Obviously what you say is true, and obviously the Co.made a mistake. Also, very obviously, the SEC was, and is aware of it and has already dealt with it accordingly. So why hash up old news ? I feel good simply because this did happen. If it was so bad, the SEC would have taken more extreme measures. But the bottom line is, they messed up and were punished accordingly by the SEC. This also bodes well for the company. They are under close scrutiny because of a past mistake, which means I am sure they will do everything correctly, and make sure all I's are dotted and T's are crossed. I mean, they know they are being looked at closely...seems to me they not do anything stupid. You can bet now what they say is the truth. Additionally, eerybody makes mistakes....are you still being punished for mistakes you did 2 years ago, and have already been punished for ??? Was it a scam, or was the mistake legitamate ?? Who know's and who cares. I would imagine investors are investing because of a positive future...what will be happening, not what did. With the explosion of online trading and the explosion of daytrading, this company looks relatively cheap. Long term, this baby could be $80 a share, even if it's not a top 5 online brokerage. Also, IR says lots of good news on the horizon. This baby could double simply on some news...and yes, to be fair, it could also drop down to .25 cents a share. My money is on the future....I daytraded this at first.....rode it from $6 - $10 and bailed. Got back in again with a smaller stake for the long haul, and will see what it does.



To: jjs64 who wrote (125)2/18/1999 12:51:00 PM
From: James Kelso  Read Replies (1) | Respond to of 144
 
SEC filings reported a error in their filings in 97. didn't see any corrective measures against them. Was corrected. I noted a loss per share in 97 .10 and in 98 a.07 per share loss., however browsing I see they reported a recent .46 a share profit. Wonder why then the stock is falling thru the cracks this day? Bought at 7,if it drops to 5 maybe I will short. Any one with a secret?