Quote:
Originally Posted by Omathisen
You reminded of the stocks. We were stupid enough to buy some to support the series or so we thought. Turned out we supported the already-rich guys who sold theirs and cashed in, while we were stuck with a handful of souvenirs. With all the other stuff going on, I had forgotten about that. Hmm.
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I was surprised that there was not a SEC investigation...when I bought the stock it had a cash value of (I think) 14 bucks a share and there was talk of a big NASCAR like TV deal...since I trade some, I was watching the insider trading and Penske and Rayhal and others were all selling the IPO shares they got when the Company was formed...I thought that was strange, but since Fortseyth was buying a lot, I wasn't to worried...but then the sob's that were selling droped out of the series and Champ Car hired the guy from Long Beach who spent all cash trying to get a field of 20 cars...I think I finally sold at 7 or so ...Gerald Forseyth must have taken a bath unless there was some sort of deal to buy his shares ??? Anyhow...no one ever filed a complaint....I got to get over this !!!
