IB customers lose 68m on Spore stocks

Discussion in 'Interactive Brokers' started by freedinner, Oct 16, 2013.

  1. Could well be. They have been behind other low priced shares running up and busting out; although the scale here is huge. Do you know or is it simply speculation based on the recent past?

     
    #11     Oct 17, 2013
  2. mokwit

    mokwit

    #12     Oct 17, 2013
  3. i bought all those shares after the crash and still losing 20% on the positions
     
    #13     Oct 17, 2013
  4. now they are lifted as restricted names.
     
    #14     Oct 19, 2013
  5. I just assume these people are crooks up front and go from there. Rarely wrong.

    [​IMG]

    And why do they always look like they come right out of central casting?
     
    #15     Oct 19, 2013
  6. I looked at the charts of these pumps. Classic hustle. Had to defumigate the monitor.

    Hard to believe IB let anyone hold that garbage in size on margin.

    They should fire whoever was responsible for monitoring . Nitwits.
     
    #16     Oct 19, 2013
  7. Why did you buy them. Did you buy Bre-x after he jumped from the helicopter or weren't you born yet?


    http://en.wikipedia.org/wiki/Bre-X
     
    #17     Oct 19, 2013
  8. because i wanted to make 100% of my capital as i did today.
     
    #18     Oct 20, 2013
  9. that was amazing, so you sold?

    I've heard about people doing this , buying crashed stocks and making huge profits, but never witnessed it live.

    When do you stop, after the first million or do you just keep on raking it in?
     
    #19     Oct 21, 2013
  10. i sold it all today for about 90% profit as well as DML AU Equity (which was linked to A33 SI Equity). sometimes i lost a load but just that the up/down profile looked good.
     
    #20     Oct 21, 2013