mettmann
join:2002-07-25
Upland, CA
1 edit | reply to emptywig
Re: People have no morals
Well, I am unclear why there's a jump to judgement, without reviewing other facts or sources of information.
I agree that a Vonage IPO investor should not withhold payment, since they knew the risks of investment.
BUT - what about those that are withholding payment for an allotment that was provided AFTER close of bell (there are instances documented on the www.vonage-forum.com site )- thereby forcing a sale at $17 a share, not market value?
Doesn't the investor hold the right to challenge the zero to X allotment ?
My comments were directed towards:
calling the investors "stupid". (Ignorant may be a better word). Presuming that "all" Vonage investors witholding payment are doing so without lack of cause.
The term "many" - since it presumes the author of the article knew the number of investors with holding or canceling payment.
"Only" 10,000 - implies that there were less people wanting stock - when in reality, there were investors (such as myself) that committed to a 100 stock sale that received nothing - while others that committed to larger amounts receiving a percentage of the allotment.
Jumping to conclusions on the basis of one story - is truly not rational.. |
