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Howzie

10/10/06 12:22 PM

#96142 RE: rookiecrd1 #96125

um, rook, you might notice IPOs don't guarantee prices. They post ranges.

for example, DAC went public friday. They said the range would be 20-22. it was priced at 21. BBEO went public tuesday last at 18.50, below the 19-21 range

another reason to stop comparing this to IPOs is offerings of IPOs can only be offered by prospectus. I'd love to get my hands on a CSHD prospectus.
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Our-Street

10/10/06 1:05 PM

#96225 RE: rookiecrd1 #96125

Ya know rookiecrd1.. I am having trouble responding to that post. After all the evidence which has been presented here.. factual stuff as to how neither Rufus nor any other CEO can halt trading in a BB stock.. to the fact that one does not reset a stock.. one can set a stock price in an IPO but only can assure it with the committed support of an underwriter... and could possibly do the same if there was a firm commitment underwriting to purchase every single share in the float at that price but since there isn't it is simply not possible for Rufus to do as he has promised.

This naturally has absolutely nothing to do with the truth which is.. it is not legal to guarantee a stock price under any circumstances.

The problem is.. I have no idea how to deal with such unwillingness to see the obvious.. or such blatant ignorance.

When I read things like you wrote the saying "there are none so blind as those who will not see" takes on a whole new meaning.