SEC Charges Eleven in Stock Manipulation Ring

[LG]

clem: I remember when notorious SI poster Tony Elgindy was booted from Silicon Investor. (He was later reinstated via membership vote.) Tony paid someone to create a message board that had a similar look and similar functionality as SI had at the time and Tony's board was free. SI offered no free accounts at the time.

Almost no one made the move to Tony’s new board. Why? IMO, because the vast majority of SI users just did not quiet trust Tony.

Fast forward to iHub and the current SEC and DOJ charges...

I suspect you are taking your cue from Bob Z with respect on how to handle this debacle regarding the SEC and DOJ accusations and charges Matt and others used iHub to perpetrate "pump and dump" scams.

Migration from a message board does not happen overnight. Folks will begin to migrate away from a board they feel is unfair and they no longer trust. By the time you (ADVFN) realize your lack of action was the wrong course, it could be too late. iHub just may be on its way to joining SI as a message board ghost town.

Personally I would love to see the SEC and DOJ campout for a while at iHub as I suspect the majority of the scamsters here still feel pretty immune to prosecution...