IB customers lose 68m on Spore stocks

[Swan Noir]

Could well be. They have been behind other low priced shares running up and busting out; although the scale here is huge. Do you know or is it simply speculation based on the recent past?

Quote from mokwit:

Malaysian syndicates

 

[mokwit]

Speculating - should really have put a ? at the end - some stuff on the web.

http://mforum2.cari.com.my/forum.php?mod=viewthread&tid=760359

 

[blueraincap]

i bought all those shares after the crash and still losing 20% on the positions

 

[blueraincap]

now they are lifted as restricted names.

 

[stock777]

I just assume these people are crooks up front and go from there. Rarely wrong.

And why do they always look like they come right out of central casting?

 

[stock777]

I looked at the charts of these pumps. Classic hustle. Had to defumigate the monitor.

Hard to believe IB let anyone hold that garbage in size on margin.

They should fire whoever was responsible for monitoring . Nitwits.

 

[stock777]

Quote from blueraincap:

i bought all those shares after the crash and still losing 20% on the positions

Why did you buy them. Did you buy Bre-x after he jumped from the helicopter or weren't you born yet?


http://en.wikipedia.org/wiki/Bre-X

 

[blueraincap]

Quote from stock777:

Why did you buy them. Did you buy Bre-x after he jumped from the helicopter or weren't you born yet?


http://en.wikipedia.org/wiki/Bre-X

because i wanted to make 100% of my capital as i did today.

 

[stock777]

that was amazing, so you sold?

I've heard about people doing this , buying crashed stocks and making huge profits, but never witnessed it live.

When do you stop, after the first million or do you just keep on raking it in?

 

[blueraincap]

i sold it all today for about 90% profit as well as DML AU Equity (which was linked to A33 SI Equity). sometimes i lost a load but just that the up/down profile looked good.