Starfleet Innotech Inc (SFIO)

[FluffyLogic]

Sorry EliteYoda,

My premium subscrition is expired and I am mulling over re-upping. Till then I have to reply here.

I agree with you on day traders. For us few longs, what I need to see is listed in my post already.

I have to admit I am down on this company due to the lock, more so then anything else. Even the fraud commited by it's founding CEO is of less concern.

I just have a bad feeling with the lock lasting the whole week. Imbalances like this are worked out in hours after the bell. This should have been re-opened Tuesday, unless this hold is due to on-going investigations.

Even if some of these market makers lost their shirts on this stock, they clear it up and eat their shorts for that day. I've been on the trading floor as those meetings were hashed out. Someone goes home sucking the high hard one, but they bounce back the following week with a slap on the back (no I wasn't a trader I provided support so I am not claiming to be an expert here. Though I witnessed situations of money lost first hand, and the kind of money lost in this case is not that extrordianary. Even if it were, they would do the kind of things folks have speculated about this week. Though paranoia is fun and I partake in it willingly.)

So this lock has me down most of all. My other remarks were to weigh in that EVEN WITHOUT this major issue, there were other reasons this was a bad play for LONGS at this time or in the foreseeable future which I listed. I am saying to those long like me, sit on the sidelines and watch the day traders whip this stock up and down and based on PPS vs. Market Cap, maybe hop back in around .005 assuming the company has been cleared of any further wrong doing. Again, they are listed as a defendant on the fraud charges and regardless of a new CEO, the company is still at risk until the matter is fully settled. Only Tom has settled from everything I have read (here and elsewhere.) Fuentes and the rest of the company are matters still at large.

Again, this is a great day trader stock for hardcore penny players willing to gamble. As the flurry of misinformation on this stock makes the swings wild and wide.

My post was for the longs, I even mention that early in the post. But I love to have fun with the penny guys, which I ended my post with.