TACKLER Posted by: newair
In reply to: ohbull2000 who wrote msg# 62697 Date:3/6/2007 9:31:00 PM
Post #of 76724
However involved in a complicated minuet where the oxygen of publicity would not be in the best interests of all the shareholders. I also find the lack of clarity frustrating
Question?????????? If you have been sold what turned out to be counterfit shares, are you really a shareholder?
Or just someone who has a beef with whomever sold them to you.
If you are the holder of naked shares, are you a shareholder? Or some one who has a beef with their broker?
I am begining to have some doubts as to where this is headed.
And don't feel good about it. However as someone pointed out, we have nothing to loose, and a great deal to win.
Have fun,
Posted by: newair
In reply to: 500_and_Long who wrote msg# 62712 Date:3/7/2007 7:42:29 PM
Post #of 76724
500 my point exactly. Just because this may start trading, and just because things have been resolved for "shareholders" does not automaticly mean those who ended up with either counterfit or naked short sales are resolved as well. We could very well have to challange brokers who sold them
Have fun,
Posted by: newair
In reply to: 500_and_Long who wrote msg# 62751 Date:3/8/2007 12:36:36 AM
Post #of 76724
My point is a simple one. I would not celebrate just yet.
Read this board, it is loaded with a very one sided opinion, that is almost unaccepting of anything other than a rose garden. I am in full agreement that march indy shareholder have nothing to be concerned about. But I would not be so enthusiastic about the rest of us. It is very possibe that at this point in time the best Megas was able to do was lay ground work.
Oh, and if I am wrong, and I hope I am. I will be happy to acknowledge it real quick.
Have Fun,
Posted by: newair
In reply to: Dimension who wrote msg# 59770 Date:1/28/2007 11:05:45 PM
Post #of 76724
Dimension, your'e right, many of us do hold fake shares. In fact many of us knew that as we were buying them. In as that Megas had already made the problem known, in a public manner.
So yes it is a very good bet they were fake when we first bought them, and they are still fake. Certianly nothing new about that.
The real play against the brokers who were both foolish and selfish enough to allow this to continue trading. Some did get out at the last minute with a nice return. Most did not.
The great big flags went up when several brokerages began to suspend trading. My own sell order at E Trade went in less than five minutes before they stopped. Never executed.
So, again yes we have fake, forged, noexistant, ilusinary shares. What is your point? Again the play is with the brokerages, they should have been trying with everything they have to repurchase and close out positions all along.
Megas has done an awesome job of seeing this through, any lessor man would have walked away by now. And no, I would not assume that just because he succesful in his pursuit, does not automatically mean we win. But it sure sets one hell of a stage to be pursued from. Chill out and enjoy the ride. Senery is great, add a few friends, what more do you need. In the end you will have just exactly whatever you are supposed to.
Have Fun,
Posted by: newair
In reply to: None Date:10/12/2005 12:51:23 AM
Post #of 76725
what we need to understand it that megas does not have to understand anything. And lets face it, many here (not all) bought into what they already knew was a problem. They just hoped there would be a short squeeze. Surprise to us all. But seriously megas doesn't have to understand anything. He did nothing wrong, and he does not need us.
Hard pill to swallow, but thats the way it is.
Have fun,
Posted by: newair
In reply to: lakers17 who wrote msg# 24517 Date:9/14/2005 10:33:19 AM
Post #of 76725
lakers, we have often disagreed, and sometimes agreed.
I always find it ammusing as to how people react to someone who has an opinion very different than their own. It is as if they feel threatened or insecure about their choices, and must lash out to protect their manhood.
I wish I could bottle all of the emthusiasm on this board, it is awesome. But I am amazed as to how few really realize the reality of what is happening right in front of them. The probability of a short squeeze went away when so many got their way. They cried and whined to the SEC, got them involved looking at every aspect of fraud, deceit, and inapropiate behavior on the part of the mm's and brokers. Not that were wrong, they were not. Those things were real and happened. But when they got their wish of bringing in the SEC, they have little clue as to the grinding halt they brought thos to. This will drag out for a very long time.
And as life would have it, it is funny (to me) to watch some of these people who one day are screaming at the top of their lungs about who to sue, how to do it, who to complain to ect ect. Only to turn right around and insult or verbally assualt people telling them to be calm. Sad part is I really think that they have allowed themselves to be put in a tight spot and fear is what is really driving them. So sad.
Don't missunderstand me, I have a bunch of this. Put i a sell order the night before the suspension, (did not execute) because something just did not feel right. While I may be up several hundred percent on paper, I fully expect to show a lose when all is said and done. Most of which I credit to the loud mouth immature traders who always think someone else is responsible for their problems. But either way I will roll with it.
I will say that I wish nothing but good luck to all of us. And nothing would give me more satisfaction than to wake up tommorow morning and find out i was completely wrong as we watched this run up even more. But I just don't think that is the real world at this point.
Fot tomorrow, I would suggest asprins and rolaids. LOL
Have fun,
Posted by: newair
In reply to: None Date:9/6/2005 3:59:18 PM
Post #of 76725
Shares have been referred to as counterfit, they are not. They are however fraudulent. In the absolute worst case senario imo will be E Trade having to refund my original investment. Again, I say worst case, IMO. I diod not have any dealing with Megas, the dtc, or any MM, nor anyone else. I did however purchase from my broker X amount of shares in a company. My broker in the long run will be held accountable for them. the fact that he sold fraudulent shares, while regretfull, is their problem. they in fact are the expert.
So at worst, I recoup my original investment. Now am I happy with that, of course not. But could be worse.
About the only thing to do at this point, is relax and pursue some other venture or hobby. This will come to a conclusion, just as soon as it does, and not a moment sooner.
have fun,
AI
