InvestorsHub Logo
Followers 13
Posts 636
Boards Moderated 0
Alias Born 08/09/2013

Re: wingtrade post# 4006

Wednesday, 09/25/2013 11:06:58 PM

Wednesday, September 25, 2013 11:06:58 PM

Post# of 17041
Unfortunately, I feel just the opposite. I think Ron is going to run a dying company into the ground and then run with stock holders money. This is High Rise background:

http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=349173

If you type HIRI into the get quote space on the investor hub page you will see people who held shares of high rise for 4 years talking on the page about how it is going to run any day...and it never did. Ron and his friends kept giving just enough information to keep stock holders hoping for the big run...then boom...bankruptcy...he gets the preferred stock payoff, his buddies get the assests before the government can seize them, and the stock holders are stuck with millions of pieces of worthless paper.