worldco going out of business??

Agent Smith · Oct 10, 2003

Quote from Maverick74:

No man, It really is true. I have several confirmed sources.

from which office?

Maverick74 · Oct 10, 2003

Quote from Agent Smith:

from which office?

Santa Monica

Casey30 · Oct 10, 2003

right now it seems there are several rumors going around,

a buyout? a reorganization? and a total closure? You pick, I have no idea.

st0ckman · Oct 10, 2003

your right mav its true. they are having a meeting on monday. i cant belive it. i am glad my company got bought out. if wldc is going under thats a major statement for the health of our industry.
although i am not surprised since belzberg blows!!!!!

Agent Smith · Oct 10, 2003

Quote from Maverick74:

Santa Monica

now when you say out of business, do you mean just that branch or the entire operation is going to bankruptcy? Just a couple a days ago there was a thread about Navillus going out of business when in fact they where merging with barkely trading.

st0ckman · Oct 10, 2003

no one has a clue not even wldc traders!!! bankrupt / restructure who knows!!!

Don Bright · Oct 10, 2003

Quote from st0ckman:

i hear worldco is not paying anyone. supposedly traders are distraught over rumors of bankruptcy and are taking equipment. anyone hear anything about this? i received a call from a worldco trader stating these things, looking for a new place to trade. any validity to this?

So as to not be considered "bias" here. I would like to suggest that you guys check out my note on the other WorldCo thread....which basically says that we should perhaps have a discussion of the benefits of the various firms with the people who are at least in management or ownership positions.

Rumors and innuendo do no one any good, and can be bad for the industry. Perhaps someone can ask Walter to take part in a discussion on the board, along with Chet (Echo), John (Redwood), B.P.(Assent), David from Generic/ProActive, and whomever else would like to participate.

We can take questions, just the the Democrats in their debates, or Arnold in California.....in fact, I think what we would do might be more civil!!

Don

C Robinson · Oct 10, 2003

Quote from Don Bright:

So as to not be considered "bias" here. I would like to suggest that you guys check out my note on the other WorldCo thread....which basically says that we should perhaps have a discussion of the benefits of the various firms with the people who are at least in management or ownership positions.

Rumors and innuendo do no one any good, and can be bad for the industry. Perhaps someone can ask Walter to take part in a discussion on the board, along with Chet (Echo), John (Redwood), B.P.(Assent), David from Generic/ProActive, and whomever else would like to participate.

We can take questions, just the the Democrats in their debates, or Arnold in California.....in fact, I think what we would do might be more civil!!
Don

Don,

i'm not debating anyone with a 140+ IQ....my mama didn't raise no fools!!!!

MotorMan · Oct 10, 2003

Well no one was taking any equipment, there was no announcement, they didn't shut down the place (yet), there were no fights, burnings, or anything else you can think of. Are people concerned?? F*ck yeah, especially those of us with capital. The fact is something is happening and no one knows yet what it is

Agent Smith · Oct 10, 2003

i have heard about worldco going out of business from disgruntal extraders on this forum. That should have raise a flag. What ever happens i hope those traders do not lose their money on their accts.