Replies to post #50808 on American Security Resources Corp. (ARSC)

[Cheds]

Wow this is am amazing post. i cant say enough how well you articulated your position and also described to a T the exact circumstance by which the other poster found himself in such a tough position. marked and post kept,

[techmover]

It's not completely Coolbob's fault. After all, we ALL got sucked into a company that yes, at one point we really believed in and we have learned from our mistakes what to look for. By the time we understood what in the heck was taking place, we were robbed of all dignity as if we were raped and no one could do anything about it. After all, when a stock becomes cellar locked, there really isn't much anyone can do except try to escape and even then that is pretty much helpless. 90% of these companies flop, 10% either become merged or make it on their own. The idea is to flip most of them and try to find that superb gem that is a REAL company!

[coolbob]

In theory you would be spot on, however you are dealing with scam artists that, have your shares locked up, so you can't apply any kind of strategy like a stop loss...because, they have your shares in a fixed situation of locked out and destine for a guarantee loss at their will!

You should also, know, that... even if, you have a stop loss on a stock , if, it is falling or moving against you, you can't exit it, until it has stopped falling!

Your stop loss would be passed by...ignored, so to speak!

These Bastards could care less about any stop losses, they probably think it's a big laugh that, someone would think, they can protect themselves from these two well planned scammers!

Ask around and many will tell you, we couldn't get our money out if and when, we wanted too!