Seeking Alpha
  • cjt823
    i cant believe there isn't any hype on this, good or bad. what are people thinking on IDNG.OB ?
    6/11/12
    Reply (28)
    • iadops40: I ASKED THE SAME QUESTION EARLIER TODAY!!!!
      6/11/12
    • Braggo: Citron Resarch warns on Independence Energy as a pump&dump fraud scheme. I´m short a few shares since 3,18$.
      6/13/12
    • cjt823: could you explain that more?
      6/14/12
    • iadops40: the CEO of IDNG.OB was running some other "company" last year that tanked. The word is that he's also a fund manager on the side, pump/dump
      6/14/12
    • Braggo: CEO and Chairman Greg Rotelli is a notorious stock promoter and the SEC and Attorney General will eventually catch up and put him away.
      6/14/12
    • Braggo: He just pulled the same scam with ROSV (Rostock Ventures) and OTC: DRFL amongst others.
      6/14/12
    • cjt823: so how long would you wait to sell?
      6/14/12
    • iadops40: There seems to be daily news on Marketwatch. But I ditched, sold today when it crossed 4.00.
      6/15/12
    • iadops40: I would be very cautious going into this supposed 5 to 1 split on june 22nd, could be very ugly, ride the wave and sell a few days prior imo
      6/15/12
    • jmartz101: I was looking at this my broker keeps telling me to get in to it but it sounds like a scam to me.
      6/16/12
    • iadops40: Jmartz, my advice is to stay away unless you have capital at disposal
      6/16/12
    • iadops40: I bought and flipped 500 shares with a 10% profit, and I was happy with that. There has been a lot of published hype that everyone sees....
      6/16/12
    • iadops40: ....but the question is where is the end?? The CEO is very suspect...I checked out his LNKD account. It appears that he is....
      6/16/12
    • iadops40: ...a fund manager and/or broker and/or pumper on the side. I dug up some old news on this guy with some mining company last year....
      6/16/12
    • iadops40: ....another OTC....Razor resources....it fell off a cliff at -90%+
      6/16/12
    • iadops40: If anything...and I hate to say this...if you want to risk everything....hold this prior to the stock split, sell the day prior
      6/16/12
    • jmartz101: Okay iadops40 thanks for the advice good info. I think I'll just stay away not worth the risk to me.
      6/16/12
    • cjt823: regretting selling at 4.17
      6/19/12
    • iadops40: cj, you might not...it will be interesting to see where it opens up on Monday after the supposed stock split...could be a rug pull
      6/19/12
    • Braggo: could it be possible that shorts have to cover their shares before the stock split?
      6/20/12
    • Braggo: could it be possible that shorts have to cover their shares before the stock split?
      6/20/12
    • tr4mm: I bought at 2.91 and again at 3.88 a share. Im up a total of 40% and its been 3 weeks so far! If this trend continues I will be very happy.
      6/20/12
    • iadops40: I am still interested to see if the share price drops to under a dollar as the split is paid as a dividend.
      6/20/12
    • tr4mm: Me too. I am planning on holding through the split (since I am a small time investor) and possibly selling off slowly
      6/20/12
    • iadops40: Tr4 I sold all of mine, my other friend sold 1/2, and my other friend is holding also
      6/20/12
    • tr4mm: Yeah, its a gamble for sure. But Im hoping to hold until I see it start dropping or at least leveling off...fingers crossed
      6/20/12
    • iadops40: be careful because when dividends are issued it usually comes out of the price per share, so that means it could open significantly lower
      6/20/12
    • csensen13: How gullible were we all back then - I got stuck with this piece of crap myself and am now the proud owner of a 2 cent stock.
      8/11/12