News Focus
News Focus
Followers 8
Posts 148
Boards Moderated 0
Alias Born 12/26/2002

Re: rocketeer357 post# 24684

Sunday, 11/23/2008 10:21:57 PM

Sunday, November 23, 2008 10:21:57 PM

Post# of 35633
I have stock in a company called Radix Marine (RDXM) that got financing about 3 years ago from La Jolla Cove and La Jolla Cove destroyed it with their shorting even though they had signed a contract saying they would not do it. The officers of RDXM sued La Jolla Cove and won a settlement but the delay and costs involved were too much for the struggling company to overcome. It is now just a shell with no money. Many bigger investors were very upset about the unfair methods used by La Jolla Cove.

I lost all my money at RDXM so I am quite concerned to see La Jolla Cove involved in any stock I have invested. I have been in CTUM/CTGI for about a year and am still hopeful they can pull through. I am encouraged by DR's investment; I just hope that he doesn't let La Jolla Cove stab him in the back.
Mike

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today