Saturday, January 06, 2007 8:44:19 AM
Obviously the only time he'd show up here more recently was when the stock price was way down again..he'd show up, beat up on the company and disappear...all the while claiming he owned 8 to 10 million+ shares. I had to wonder if in reality he owned little to nothing and was flipping this off the bottoms for rent money? For a long time I kept in regular contact with him by phone and email...until I got real uncomfortable with having any exposure to him. Not to mention I was losing big on the stocks he was talking up...ultimately it appeared he was pumping the most when in reality he was selling, at least that's how I was reading his messages, many of which were private and involved lots of other companies. He was one of those who claimed to have lots of shares of everything...and he always bought the bottom and sold the top...yada yada. He had a huge following for a time at EAG investor village...until at one point, thousands of posts were deleted from that board and I think one other. Then cgib went on a rant about IV administrators being part of a hedging activity etc. All this after him being booted from the site... interesting drama and I wish I never got involved...like so many others.
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