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Jtechkid

07/22/11 1:16 PM

#33451 RE: MikeL300 #33450

yes- the big problem which you would think is good news is ceo generally own 30-40% of the company's stock so its basicly there company. the fraud is tough because in general their has been little or no insider selling in most of these companies. so is it complete fraud or are they just stupid regarding accounting practices because its not like DGW ceo dumped 100mill of stock at 25$ or cheng cashed out of ccme.

This is why i hoped CCME was different because linn brothers sold staar stock and they are insiders- if ccme is proven a true fraud i still believe linn brothers will go down big and again they have a huge asset trading in hong kong.