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<title>As a business owner, is it time to bail?</title>
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If the orginal question was not answered since 2007. . . I think Vonage is here to stay for awhile. .  lol. .  hugs
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<title>165% VOnage Stock Surge in one day (8/25/09), what's goin on</title>
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Penny Stocks, or micro cap stocks, are loosely defined as stocks which sell below $5 and have market capitalization of below $50 million. They are largely traded on the OTC Bulletin Board and on the Pink Sheets Electronic Quotation Service, which exist primarily for the listing of stocks which cannot be listed on stock exchanges, such as the NYSE.
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For anyone new to investing in Penny Stocks, you should first be made aware of the differences between these micro-cap stocks and the more conventional blue-chip and mid-cap investments. Unlike buying shares in a large, stable company like Ford or IBM, you are dealing with speculative investments.
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<title>Has anyone received FINRA papers for the VG IPO scam?</title>
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I never even went to arbitration with FINRA.  Its been a very long time now -- 2 years?  not sure.  Just thought it was strange.. went nowhere.  was Smith Barney/Citigroup your underwritere?  Was Duane Morris involved?
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I received a letter recently (2 months) from the attorney's office that handled  my finri case with instructions to make a claim relative to a class action suit against vonage.  I did not qualify  but there was a paragraph at the very end dismissing all future  liabilities against payment to Vonage.  As my case was resolved thru finri which I was found liable and have since not paid, I understandably called the attorneys office to clarify.  I explained the situation and they told me they were going to get back to me and since have not....  hopefully a good sign.?.
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I never heard back from FINRA regarding the arbitration with Smith Barney/ Citigroup.  Just wondering if anyone else had the same experience.  They said I owed over $ 7,000.
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I never heard back from FINRA regarding the arbitration with Smith Barney/ Citigroup.  Just wondering if anyone else had the same experience.  They said I owed over $ 7,000.
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Whatever the cause, there is rampant speculation going on. The average number of VG shares traded per day used to average well under 1M. On Friday, 81M shares changed hands.
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Not quite sure that's a fair statement.  Check out http://blogs.barrons.com/techtraderdaily/2009/08/25/vonage-rockets-to-165-one-day-gain-up-4x-in-6-days/?mod=yahoobarrons

The blogs think it has to do with the unlimited calling to the 60 different countries.
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400% gain on no news announcement from VG and no recent earnings release reeks of insider trading to me. If they are being acquired, expect to see some people going to jail for the activity this week.
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