InvestorsHub Logo
Followers 18
Posts 1644
Boards Moderated 0
Alias Born 03/13/2009

Re: foggysurf post# 9526

Sunday, 04/01/2012 9:40:11 PM

Sunday, April 01, 2012 9:40:11 PM

Post# of 163716
SIAF holders should be grateful for the promo Lebed orchestrated; otherwise you'd have witnessed a slow death spiral that was in effect due to the Ironridge shares finding their way into the market at whatever price points (w/light volumes) they could.

The Lebed pump that you refer to allowed over 1.5M shares to be turned over. Otherwise the results would have been around $0.25/share and lower, due to the continued erosion of Ironridge selling.

Guilt by association? I'll take it. Add to this the fact that were near a dollar today compared to what could have become a worthless piece of sh*t, and I believe my argument holds merit.

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.