Yes I am, and I'm looking at the largest loss in my tradig history. I no longer believe anything that comes out of Hayter or this company and I urge people to contact the SEC and file a complaint. There aren't many other ways I know of that will hold him accountable for his possibly fraudulent statements.
I've tried to contact Hayter close to twenty times with no response. I recently emailed him and informed him of my complaints filed with the SEC and cited specific press releases dating back a year that never came to be. I touched on the more recent releases, the lowering of the A/S to 350 including the dividend, and the November 21 release stating the AFs were in hand. I have given Hayter a chance to respond to answer the questions I have. If he doesn't, my contact at the SEC Enforcement Division will get several more of my reports on IBCX.
If the financials were complete, there is absolutely no plausible reason to hold them back unless Hayter believes they will make it harder to dump shares.
Ed Hayter has not done a single thing that I can find that has been in the best interest of shareholders, and there is no reason to expect that to change. Yes I'm a shareholder, but not a happy one. I have already written this off as a bad experience as I no longer see any value or investment merrit here.
Once Ameritrade dividend shares are cleared for trading, expect a new 52 week low IMO. If Hayters claims of the company value were in the least bit true, the whole company could be had for a dime on the dollar right now.
So far from what I've seen, Hayter's credibility is dropping as fast as the share price. The market won't believe another PR from him. Yesterday when we were down 20%, I posted that I hoped we didn't get another PR because we would drop another 20% from there.
I don't want to give Hayter the opportunity to rob more people blind.
Last post of the day, have a good one all.
