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Technology Stocks : Sell or Not for Ramtron

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From: mwonder9/11/2012 5:15:17 PM
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I don't know if it is management in on a deal/scam or what but there are a LOT of people out there holding on to 500 or so shares that won't part with it. They lost a lot of money but kept a small amount in case this company ever got itself together. I don't know if the guys running it got into a bad situation with the Market makers when RMTR hit a red herring and about went under. I do know a new IPO was offered in a different company and they were using free shares of RMTR as a perk and many sold those shares dragging RMTR down to .25 which caused RMTR to take some action to stop it. I hope those ole boys didn't get into a some kind of situation and feel trapped. I suspect if they went to the Attorney General and told them the truth they may be able to get this mess straightened out. They need to let them know they were duped by Smith Barney when Oren went into BK and tried to save the company. I highly suspect there are several million outstanding "NAKED SHORTED" shares that exist and there aren't any shares to cover them with especially at this price. I know I paid far greater prices for the stock than any offering's and the current share price. $3000 a year deduction doesn't appeal to me either as it would do no good for me. I think if RMTR management would think of their shareholders instead of them self they would find the stock take off to much higher levels and they would also gain from this. UNLESS THEY ARE IN ON THE SHARES SOLD THAT DID NOT EXIST. If so then they need to get them purchased. I guess they need to do it slow because each time they buy shares that don't exist if it is greater than a certain percent of the float it will show up on the SHO list. People think if it doesn't show up everyday then it's not a problem but that's not the way the list works. They only show the stocks traded on that day that went over the allowed number. It does not mean they are not sold short. Also if they keep the number of fake shares they sell under the 10 percent I believe threshold number it is not reported. So that's how they play the game in the small caps. I can't see why they would want to sell at this price unless they (metaphorical expression) had a gun to their head. JMHO, mwonder
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