InvestorsHub Logo
Followers 161
Posts 14045
Boards Moderated 2
Alias Born 02/27/2008

Re: litton51 post# 36497

Friday, 09/24/2010 6:50:04 PM

Friday, September 24, 2010 6:50:04 PM

Post# of 60937
CLYW is EXACTLY that sort of a story... which is a real point of extraordinary value.

What makes that a value, in the case of CLYW, is that when a group of criminals took over the company, and then took the patents... the shareholders first took them to court and got the patents back... and now the shareholders are suing the criminals, who are likely headed to the hoosegow.

The moral of the story is that you shouldn't depend on the SEC to fix what got broken after the fact... rather then be ready to defend your interests. In the rare instances where the SEC do get involved (as they have been here, too) they mostly want to remove the problem stocks from the market, and are not worried about making investors whole. Problem stocks... are those where investors are NOT properly addressing the problems.

Instead of trusting the SEC to fix things... you need to defend your own interests... and, that means that an important part of any investment is who your fellow shareholders are...

The REAL value that exists in CLYW, for investors, isn't just "the value of the patents"... rather than the value in the grit and determination of a large number of fellow shareholders who've cooperated in making it hard for the bad guys to succeed.

Here, because of the cooperative effort of shareholders, when the "bad guys" made their move to take the value... they walked into a trap and got caught... red handed... and now they ARE being held to account... by shareholders.

JMHO




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.