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Jim Bishop

05/27/05 8:31 PM

#56815 RE: ergo sum #56807

Thier reps totally misled people and did not give out warnings that they could be short should they sell.

As to the ethics bit...someone wins, someone loses on pretty much everything. Taking advantage of suspected scammers, I don't even think about it and sleep just fine.
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Susie924

05/27/05 10:11 PM

#56952 RE: ergo sum #56807

Now, what about all the people who bought the stock knowing that it was being sold in the first place do to an error,

ergo,
IMO the only error was that whoever sold didn't know when the ex-date was.

The company did a 6.5 million reverse split and screwed over the previous shareholders and then they did a 3 million to one forward split to increase the shares of the 3(?) remaining shareholders.

They put out a PR on Tuesday morning to sell the shares and they must have just thought that it was a dandy when they saw people scooping them up. What they didn't realize was that they didn't have the amount of shares that they thought they had to sell. People from IHUB called the company last Tuesday to give them this little detail and they continued to sell!

If this was a legitimate "error" I may have felt some remorse had I made any money on it (well, maybe not) but one of the reasons I bought this in the first place was to maybe turn the screws on another POS insider who had already screwed a bunch of shareholders and were trying to do it again.