Bancorp International Group Inc (fka BCIT)

[CarltonH]

Those raping investors are working both sides and shafting investors

Its funny is it not, that when you look back at the posts on this board in early 2005 they were really extolling the virtues of this stock.

It was the greatest thing since sliced white bread despite the delinquent filings.

As soon as the short was discovered those people vanished only to be replaced by those who knew from day 1 that this was a bad stock and that BCIT should have been revoked blah blah blah.

Of course the fact is, that the only real issue is that the brokers sold millions of shares that could not have possibly existed and that they knew they could not deliver.
Yet they took your money nonetheless.
The trading volumes just wet through the roof yet non of these brokers every stopped to do any DD and say "are we exposing ourselves or our clients"

Shareholders in these big brokers are going to be well impressed when they see their profits kicked into touch.

But the question that keeps cropping up is where were the regulators when all this was happening?