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Identiv, Inc. Message Board

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  • justforfun33 justforfun33 Mar 5, 1998 9:15 AM Flag

    SCMM recommended by Mr Prior

    DrGM,

    I fully understand your frustration.

    My broker also called me yesterday & said he had to call in the shares. He never seen anythink like this in 15 years of his career. Very abnormal situation.

    I am sure my short position has been closed today. Its intereresting to note Datek does not have the same problem.

    I write emails, faxes, and call on SEC to help many times. The NASDAQ somehow does not want to get involved. SEC is currently investigating SCMM big time for inside trading & manipulation. I heard SCM is deliberately & artificially keeping price up in Germany... so they will dilute 3 mln shares at high price.

    BIG QUESTION: WHERE ARE THE 3 MLN FLOATED SHARES NOW?

    It seems only very small percentage is traded everyday on the NASDAQ and Germany (i.e. 50K ~ 100K). So, .. who owns the majority of the float? Who owns the rest of the 10 mln shares?

 
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