Saturday, April 29, 2006 8:44:29 PM
dude think about what you're saying. Prick or no, I feel increasingly uneasy about holding stock in a company whose management and majority shareholders are not above sharing pertinent information with certain selected and favored people. Among the legitimate companies of the world this is called breaking RegFD, and it is taken very seriously. In fact, should I decide to sell the rest of the GFCI stock I hold, and then miss a run that others catch because of this inside information that you have been given, I have one heckuva lawsuit on my hands.
Did the company make statements to certain people about the status of filings, and or deadlines? Reassurances?
Highly illegal behavior if so.
True?
Like me, hate me, admire me or pity me I know the rules here and there's a good chance they're not being followed, if what you say is true.
I want a good company with honest management, and I'm fearing that this is exactly what I've NOT gotten into, instead a favorite playing group of all hat no cattle types.
Think about Lyamec. The ultimate insiders with a huge PIPE at .50. They had to issue a PR spanking to Jim Dial to get him to open up and take this thing seriously. Then he says, filings by the end of april. He told me and others "filings by Sept". Now he's missed another deadline. Without a word, BTW.
Great tools and great sector, is only about 10% of the way towards a great stock investment, and there isn't much of the other 90% present. Is there?
nope, not IMO
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