InvestorsHub Logo
Followers 204
Posts 21054
Boards Moderated 5
Alias Born 04/17/2006

Re: trunkmonk post# 794

Monday, 01/08/2007 7:54:41 PM

Monday, January 08, 2007 7:54:41 PM

Post# of 1832
nevermind about the run.
today is an eye opener.
unfortunately, he now can sell shares until this goes to .007 and he will make a profit, there is no motivation to take care of share holders, no need to worry either way. it was a hedge play. he makes money on the products, and he makes money selling shares. it truly is a dark day for longs who had faith in the company leadership.
I have a bad feeling about this one, I have seen too many stocks spiral down after such actions. Even with new web sites opening up, it could not make much impact when OS enter the float a little at a time, as revenue increases, stock will be sold in my opinion. just a scenario that has occured many times in penny stocks.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.