Replies to post #49664 on Supatcha Resources Inc. (SAEI)

[phaseshift]

as far as I know, no, the only hope right now is waiting for the SEC to step in.

[SRV-90]

Even if you were able to get into a class action suit against them the money retrieved would not be worth the cause IMO.

Chalk it up as a lesson learned.

[CricketPie09]

LOL. Good luck. Welcome to the world of super risky stock.

[EZmoneyED]

Dont hold your breath on suing them. Or anyone else for that matter litigation is not worth the time in any case unless you are going after some very large amounts of money so you can split it with a good attorney and uncle sam.

[power_forward]

no, no stockholder has ever recovered anything from a pink or bulletin board stock

[TeraDyne]

Regading suing penny stock companies:

There are warnings about penny stock companies. They are placed in the OTC category and no broker recommends buying them, for a reason. All of the PRs have the safe harbor disclaimers. They are all total gambles. Yet you buy them knowing they are gambles. You click the buy button.

You buy either as a trader hoping to make extremely quick double digit percentage returns or as a long looking to make triple percentage returns (while the rest of the market only enjoys an average of 9% per YEAR). You have a huge amount to gain and accept risk in doing so. Yet... when you lose the gamble and lose 10 or 20 or 50 or 70 percent of your money, you complain. You cry. You think someone should be sued...

How is this fair?

[fink]

You could go to Denver and throw a brick throug their window.

I'd lean twords Halting the stock and since they have that 3 day window to close trades, Lets all say we go back and cancel every trade from 3 days Ago! LOL!

I'd love my $2K back