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The GM's are effectively putting chains on CEO's now. (White Giant)

Simcountry: Simcountry Bulletin Board  The GM's are effectively putting chains on CEO's now. (White Giant)

Keith Allaire (Little Upsilon)

Saturday, July 12, 2008 - 11:45 pm Click here to edit this post
Tom:

I could honestly care less if random investment funds order shares when I IPO corps. If I'm taking them public, I do run that risk, after all.

HOWEVER, what you fail to address in your form letter response is that I *ACQUIRED* 24% of the companies in question, in the bidding process, without using the "transaction timing" tricks and other strategies that vets around here have been known to use. I checked the shares of those same companies and I now own 0.01%. One million shares of each, which seems to be the minimum lot of anything around here. Completely meaningless.

I *NEVER* placed share sell orders. Of course, to buy those shares back would cost God-knows-how-much-money, because I IPO'ed those corps young. W3C should not be selling my shares, that I have ALREADY acquired, without me placing manual sell orders. Period.

This is why people are so upset. Why should I bother with the share market when I know my shares will vanish into a black hole anyway?

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