It’s unbelievable that anyone would buy a share of stock of a company that is bleeding through the head in debt and has never made a penny. Their beloved CEO even stated that he didn’t know if his own company would ever turn a profit.
COMMON SENSE PEOPLE !
Guess what, if they can’t turn a profit, the stock will eventually be a penny stock, and I promise it will happen sooner rather than later.
Anyone who still owns this garbage should sell it now before they loose even more money.
Funny how much more Vonage will cost you in the long run...
Posted:
Thu May 25, 2006 7:23 am Post subject: Re: How Could Any Of You Buy A Single IPO SHARE ?
lee1199 wrote:
It’s unbelievable that anyone would buy a share of stock of a company that is bleeding through the head in debt and has never made a penny. Their beloved CEO even stated that he didn’t know if his own company would ever turn a profit.
COMMON SENSE PEOPLE !
Guess what, if they can’t turn a profit, the stock will eventually be a penny stock, and I promise it will happen sooner rather than later.
Anyone who still owns this garbage should sell it now before they loose even more money.
Funny how much more Vonage will cost you in the long run...
Amazon made similar statements, and went public with out turning a profit. They look to be doing similar strategies, aggressive marketing focused on building the business and market share. The major difference is that we are not in the dot.com era anymore so money isn't flowing around like it did 8 years ago.
Also, I just read a Dow Jones article that states among other things,
"Vonage says in the IPO filing that it believes some financial institutions and accounting firms have declined to do business with the company, at least partly because of Citron's regulatory problems. It warns that other companies may not be able to do business with Vonage because of internal policies that restrict associations with individuals who have entered into SEC and NASD settlements. Although Vonage says it doesn't believe Citron's past problems woes have had a material impact on its business, it could become a bigger problem in the future if it affects potential business deals that it pursues to grow its business."(DJ, Lynn Cowan)
Posted:
Thu May 25, 2006 9:33 am Post subject: Re: How Could Any Of You Buy A Single IPO SHARE ?
lee1199 wrote:
It’s unbelievable that anyone would buy a share of stock of a company that is bleeding through the head in debt and has never made a penny. Their beloved CEO even stated that he didn’t know if his own company would ever turn a profit.
COMMON SENSE PEOPLE !
Guess what, if they can’t turn a profit, the stock will eventually be a penny stock, and I promise it will happen sooner rather than later.
Anyone who still owns this garbage should sell it now before they loose even more money.
Funny how much more Vonage will cost you in the long run...
'
I'm not sure if I could follow your recommendations considering that you said "loose even more money"
It’s unbelievable that anyone would buy a share of stock of a company that is bleeding through the head in debt and has never made a penny. Their beloved CEO even stated that he didn’t know if his own company would ever turn a profit.
COMMON SENSE PEOPLE !
Guess what, if they can’t turn a profit, the stock will eventually be a penny stock, and I promise it will happen sooner rather than later.
Anyone who still owns this garbage should sell it now before they loose even more money.
Funny how much more Vonage will cost you in the long run...
What is unbelievable is how huge a *beep* you have to be to seek out the "Vonage Stock" forum just to shove your monday-morning-quarterbacking in people's faces. Funny how many jackasses there are on the internet.
Posted:
Thu May 25, 2006 1:27 pm Post subject: Re: How Could Any Of You Buy A Single IPO SHARE ?
jakenjill wrote:
What is unbelievable is how huge a *beep* you have to be to seek out the "Vonage Stock" forum just to shove your monday-morning-quarterbacking in people's faces. Funny how many jackasses there are on the internet.
I have to agree. If it has no impact on you, who gloat that other people lost money?
I also felt Vonage was overpriced, but I still feel sorry for those who lost money investng in a company they believed in.
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