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Vonage Why should I waste my time answering your juvenile and simplistic questions?



Why should I waste my time answering your juvenile and simplistic questions? Based on all the responses you've made on this topic, you apparently are no stock expert, and this IPO was probably the first one you were ever involved in. I did my investments into IPO's like bigtuna. However, before any stock was allocated to me, I had to have the funds in my account to cover the cost of the stock purchase.

You're bragging you took a risk and it cost you nothing. That's because SB are morons for buying you out. This was not like any normal IPO. I've never been involved, or heard of an IPO where you could purchase stocks on margin call, then have the ability to sell them the next day if you choose. All this before you actually paid for them. That was probably one of the major red flags of this IPO that caused it to fail in the first place.

As I've stated numerous times, you just got lucky. That is if I believe your story that SB let you off the hook. How can you make all the braggart staements how you 'cheated the system'? If this would have been a normal IPO transaction, you would have had to pay before you got the stocks, then you'd have to hold on to them for a minimukm of 30 days before you could sell them.


You're all mad because the stock tanked on opening day, and you couldn't call a broker to sell the 'phantom' stocks you owned. They probably didn't answer the phones, because they realized, 'Hey, this stock is dropping like a rock. We pick up the phone, we'll be dumping all this stock that no one has paid for at a loss. ' Who'd be taking the hit for the loss? The investments bankers and brokerage houses. If I were in their situation, I wouldn't have answered the calls either. Unfortunately, they're getting stuck with the stocks anyway because you stock experts found a loophole to avoid from having to stick to your committments.

So don't sit here an brag how you're a stock expert that got out of paying for a losing stock. You're a short time investor that did no research, didn't have a clue how this IPO worked, and just got lucky (supposedly) you didn't have to pay for this stock.



Read The Full Thread:

Breaking News - My Stock Was Bought Out


Stock was bought out, owe no money.
Did you sell the shares?? Or did you just let it sit?
Unfortunately I just paid for mine and received a notice that they sold it last
I sold the first day
This has got to be the most moronic stock trade in the history of the NYSE if what
I too sold the first day and i have yet to pay for the shares. Actually i did send in
I would hold off on paying for the shares. Seems like the trades were already bought
Woo Hoo Woo Hoo Hoo
So if Smith Barney is paying all the non-payers off, why are there still class action
Only a very small portion of people are non payers. The class action suits, which

rudedog40 posted "Why should I waste my time answering your juvenile and simplistic questions?" on 06/16/2006

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