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Star Scientific, Inc. (CIGX) Message Board

  • uptick77777 uptick77777 Jan 18, 2013 12:41 PM Flag

    Any longs here surprised at this one hitting today ( again ) ?

    The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Breaches of Fiduciary Duty by the Board of Directors of Star Scientific, Inc. in Connection with Executive Compensation
    Last update: 1/18/2013 12:23:00 PM
    NEW YORK, Jan 18, 2013 (BUSINESS WIRE) --

    Sentiment: Strong Buy

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    • I just replied to this post and it was sensored by Yahoo. i didn't use profanity, although it would have been justified. Just tyhinkl the worst thing about these guiys and it applies whether yahoo lets me post it or not.

    • The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Breaches of Fiduciary Duty by the Board of Directors of Star Scientific, Inc. in Connection with Executive Compensation
      Last update: 1/18/2013 12:23:00 PM
      NEW YORK, Jan 18, 2013 (BUSINESS WIRE --'

      ******************************************

      It's reeally hard to call these guy "lawyers" just look at their CV's and the "law schools" they went to. These are the classless "bottom of the pool" guys who can't find real work so they get paid by shorts to trump up charges (imagine, Jonny Williams makes $1 a month and he's "abusing" sharehol;ders?) and then release and re-release these "sharges" coincided to come out on the DAY options expire, or on a day that some strange manipulating trading seems to occur.It shows what kind of people these shoirts are -- you lie down with dogs, you get fleas. These are the lowest of the low, embodying everything you have heard about low class lawyers.

    • uptick I have not bothered to look but I'd bet anything that their public news flashes are in direct correlation to any good reason for the stock to rise on good company news or buying pressure increase for unknown reasons. All in support of a short position or to as will soon be the case

      A Smoke Screen for shorts to try and exit has they recently have been by 3 mil or more from their recent high.

      Dr. Johns article states wonderful facts on Jak-Stat and An *tabine.

      We have what all want now and when John Q starts to really hear it is already OTC

      Look out above.

      Great thread!

      Db

      Sentiment: Strong Buy

    • Yes Chipper, nice play indeed. Congrats. on the AAPL option spread trades.

      I was thinking that we had a stronger retail upward bias on STSI and that it would take the MMs a bit more maneuvering to pin the close at $2.50. But not this time.

      Have a great weekend, and thanks for staying on top of the STSI orders and sharing the data,with all of us longs.

      Sentiment: Strong Buy

    • Last time this news was carted out was on December 18th and the time before that on December 11th.

      I guess we can plan on monthly updates on the launching and re-launching of their investigation.

    • I view them as a TV comerciais, wondering why they are not playing it several times a day :)

      Sentiment: Strong Buy

    • their 'investigation' is remarkably SLOW! it seems they keep forgetting they have one as they post the same 'investigation launch' every other week. get on with it already! quit putzin around and stop shootin your mouth off about nothing and 'investigate'!

      you can only slander so long before it bites you back.

    • So laughable at this point. "Possible Breaches", - What next? I can see it now: "The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Concerns because CEO Jonnie Williams prefers wearing Boxers and not Boxer Briefs." lol

      Sentiment: Strong Buy

    • I don't know, these people must be one step below ambulance chasers that they issue pr's to lure investors into something that's not there. It makes one wonder if there isn't some short behind this.

    • We've got an interesting afternoon of trading setting up.

      Serious fight going on between the +$2.50 crowd and the -$2.50 crowd.

      Stay tuned !

      Sentiment: Strong Buy

      • 2 Replies to uptick77777
      • Uptick,
        Today's battle really wasn't a battle at all, as the MM's were controlling the price to make sure it landed squarely at the strike price, thereby extinguishing all put and call premiums for the 2.50's. If STSI had more volatility, one could have made a lot of money today (see below).

        The same held true today with AAPL, where the 500 puts and the 500 calls each had over 36,000 contracts for open interest. Guess what I was doing all this past week? Selling 500/495 or 495/490 put spreads, as well as 500/505 and 505/510 calls spreads. Every one expired virtually worthless as AAPL closed on the button at $500.

        There are times when the stock market presents you with golden opportunities to make money with little risk (and in this case, with almost no risk). It is rare when you place a trade, knowing it's going to be a money-maker from the get-go, almost like walking into a bank where they are handing out stacks of $100 bills with a bow on them, just for you.

      • I'm shocked at Levi & Koorsinski.... ESPECIALLY on Options Expiration day.

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0.7499+0.0105(+1.42%)Apr 17 4:00 PMEDT

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