InvestorsHub Logo
Followers 21
Posts 1303
Boards Moderated 0
Alias Born 07/24/2010

Re: StockWatcher post# 11381

Friday, 11/05/2010 9:24:45 PM

Friday, November 05, 2010 9:24:45 PM

Post# of 66758
I think we can assume that in the case of SAEIE, their motives are not wholesome at all. Why else would so many tightly held shares be traded en counterfeit and still the price remains so low? They held the price down for too long and thus forced the sale of cheap bogus shares and now they can't produce them without shaking out practically every share held by anybody. This problem they have created is small relative to the billions of total shares of equities that they trade daily but it is one for them to be dealing with, not us.

How can we hold their feet to the fire and put an end to this or are we just going to have to wait until they have destroyed all interest in this stock so that they can settle up a few extorted shares at a time? It is nearly impossible to uncover these kinds of shares, as I understand it, and the investigation would be so time consuming and costly that the regulators will probably never get to the bottom of what has gone on. Perhaps, focusing on one MM, like CSTI or VERT would be a good tactic and still leave us in a position to continue trading. That would definitely send a message to the others to put their houses in order.

I'm in a Gold Mining stock, 28.5 million in the float, shiny holes coming in, and tendered offers from all over wanting a piece of the action. Huge gains will be made from here and many surprises are in store for us.