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Post new topic   This topic is locked: you cannot edit posts or make replies.  Vonage® VoIP Forum - Vonage News, Reviews And Discussion » Vonage Stock
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twinspop
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Joined: May 25, 2006
Posts: 13

PostPosted: Thu May 25, 2006 11:11 am    Post subject: I got 0 shares, now they've given me 500! Reply with quote Back to top

Tuesday night I was nervous, and almost pulled out of my offer, but stuck with it. Not to worry, they gave me 0 shares. "Your allocation: 0 shares at $17" That's what the damn page said. Hit refresh a coupla times even. Wednesday came, and I was thinking how lucky that was.

I log in today to find out if I need to kill the temp account and how to do it. Tada! I owe them $8500 becuase they magically post-allocated me 500 shares.

Straight to a lawyer? I've got a call into SmithBarney but I'm not getting a good feeling about this. Any other advice?

Ticked off,
tp
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nshreiber
Vonage Forum Associate
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Joined: May 23, 2006
Posts: 13

PostPosted: Thu May 25, 2006 11:18 am    Post subject: Same thing happened to me my friend, read my post about it Reply with quote Back to top

and then be in touch so we can band together. I'm with Smith Barney too. Strength in numbers! My post is 0 to 1300 ****?!?!?! (Lol that we both used **** that's pretty funny. If anything can be funny in the face of this fiasco.)

-Nina
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LDTalk
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Joined: May 24, 2006
Posts: 80

PostPosted: Thu May 25, 2006 11:18 am    Post subject: Reply with quote Back to top

Someone had the same issue in THIS THREAD

It was suggested that it was an issue of seeing a cached page, but if you refreshed the page, that would not make sense.

I am sorry for your loss, but doubt you will be able to get it reversed unless you can prove that they showed you 0 allocation...

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nshreiber
Vonage Forum Associate
Vonage Forum Associate


Joined: May 23, 2006
Posts: 13

PostPosted: Thu May 25, 2006 11:23 am    Post subject: Reply with quote Back to top

I hit refresh and the page stayed the same. This is Vongage's bag, and I'm not going to get stuck carrying it. I'll fight it all the way to the bitter end. They messed with the wrong person.
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blakadher
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Joined: Dec 23, 2005
Posts: 476
Location: Vancouver, WA

PostPosted: Thu May 25, 2006 11:51 am    Post subject: Re: Same thing happened to me my friend, read my post about Reply with quote Back to top

nshreiber wrote:
(Lol that we both used **** that's pretty funny. If anything can be funny in the face of this fiasco.)

-Nina

"****" are the generic characters that any "naughty word" is replaced with on this forum.

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RTP300 behind a D-Link 614+ on Comcast
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twinspop
Vonage Forum Associate
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Joined: May 25, 2006
Posts: 13

PostPosted: Thu May 25, 2006 11:54 am    Post subject: Refresh isn't the issue Reply with quote Back to top

It went from allocation pending to "0 shares at $17". This isn't a refresh issue. All communication regarding the IPO referenced the vonageipo.com site. That site told several of us we had 0 shares, at which point, for obvious reasons, we didn't track the stock yesterday, or today in my case until just now.

If SB doesn't come through with a solution, I smell a lawsuit. I wonder how many ppl haven't realized it yet?
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LDTalk
Vonage Forum Senior
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Joined: May 24, 2006
Posts: 80

PostPosted: Thu May 25, 2006 12:07 pm    Post subject: Reply with quote Back to top

I feel very sorry for everyone affected by this, and sincerely hope you will be able to get this issue resolved.

I have posted an entry about this on my blog, and I ask anyone who might have had this same experience to come over there and share your story:
Vonage Allocating Shares After The Fact?

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p_canale
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Joined: May 24, 2006
Posts: 8

PostPosted: Thu May 25, 2006 12:27 pm    Post subject: Just placed buy order for 3000... Reply with quote Back to top

Hey everyone, been out all morning. Just got back and placed a call to Schwab. I just put a limit order to buy at 6 7/8 for 3000 shares. I really love this company and think it will be the leader in the industry gaining valuable market share on the large "old line" phone companies.

Did I miss anything?
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Will23
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Joined: May 23, 2006
Posts: 4

PostPosted: Thu May 25, 2006 12:32 pm    Post subject: Save the page Reply with quote Back to top

For some reason, I had a sneaking suspicion that this could happen, so I saved the page reporting my 0 allocation. Unlike others, however, my allocation still says 0. I used UBS and it seems as if the two reports of post-allocation have come from Smith Barney users, so maybe that is a connection.
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dconnor
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Joined: Mar 05, 2003
Posts: 2263
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PostPosted: Thu May 25, 2006 12:36 pm    Post subject: Reply with quote Back to top

This Topic is being discussed HERE

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