Appreciate your views on the following.
I recently seen an article regarding the temp. suspension of ETI Holding Debenture issue by SEC. Even at the last minute correction is better than allowing the public to get caught to wrong investments due to heavy publicity.
My question is companies like Blue, Citrus, greg continue to con the public by way of right issues, warrants etc but SEC is sleeping all these days.
Blue has collected nearly 300 million from 2010 to date but nothing for share holders & no assets same with Citrus & Greg.
Why can't this forum administers introduce a rating system (Just a suggestion) where atleast these companies are rated as red alert or any other suitable terminology so the new comers & investing communities will be alerted before touching these shares.
Sometimes for quick gains I too join the rally & pushed & sold but, I personally feel it's not right as indirectly I too supported to lose someones hard earned money.
Please share your thoughts!!!!!!