|
Author |
Thread Statistics | Show CCP posts - 0 post(s) |

Ricdics
Corporate Placement Holding
|
Posted - 2008.08.10 00:16:00 -
[1]
Irrational Exhuberance is still strong after the last scam. Not saying this is a scam but exclamation marks should not be asking for anything in the billions vicinity unsecured.
I don't care if they can make that much isk on their own or not, but it's incredibly easy to build scam characters for precisely this purpose. The OP should be maybe looking for 400m or so not 1b. |

Ricdics
Corporate Placement Holding
|
Posted - 2008.08.10 05:23:00 -
[2]
Also known as being a leech. Why not do your own research in the first place rather than relying on others?
That's why I hate reservations. People block access to the operation without committing too it.
It's why when I invest these days I do it privately so people have to actually make their own decisions for a change. |

Ricdics
Corporate Placement Holding
|
Posted - 2008.08.10 06:41:00 -
[3]
Originally by: John Agrippa Then, if the regulars blast holes in the IPO, or even if they fail to invest a bit themselves, I just pull my reservation.
This is precisely the kind of thing that annoys me. Lock it down then wait for others to do the work. It's lazy and I hope it results in him being scammed. This way he may actually learn to do his own research rather than expecting others to pick up the slack. |

Ricdics
Corporate Placement Holding
|
Posted - 2008.08.10 08:36:00 -
[4]
Edited by: Ricdics on 10/08/2008 08:37:49
Originally by: John Agrippa This was partly an attempt to adapt to a problem that we actually agree on; people move in too quickly.
Due to me adapting to your adaption I won't be running any research in these threads from this point and I will invest privately or through use of an unnamed alt.
It's like going to the apple store bright and early on the day it's released standing in the front of the line and saying "I want all your stock" but not actually paying for it until you have heard some good reports about it, whilst other people behind you already know they want a unit but have been blocked from accessing it.
Obviously you didn't reserve the whole thing in this case, however if you set the trend it will become this way meaning serious bidders get shafted. If you done this with auctions on the WTS forums you would quickly be pulled aside by mods or at least be despised by them. Here's an Eve example.
EOS BPO shows up on WTS forums on auction. It has a 55b buyout and a 20b start bid. You immediately post "reserve buyout" then wait a few days for people to comment on it to see if it's actually worth purchasing. If people are against it you cancel your offer. You haven't actually bothered running the numbers for yourself.
That's why I get annoyed. There are tons of guides above on how to handle this industry. Think smart, don't invest in something you don't understand and you shouldn't be reserving anything unless you actually want into it.
dictionary : reserve or reservation in this case
1. To keep back, as for future use or for a special purpose. 2. To set or cause to be set apart for a particular person or use. See Synonyms at book. 3. To keep or secure for oneself; retain: I reserve the right to disagree. See Synonyms at keep.
edit: Alternatively we can set penalties for failed reservations  |

Ricdics
Corporate Placement Holding
|
Posted - 2008.08.10 08:59:00 -
[5]
hehe I have always done my own research on any investment. I can't be blamed if people follow others blindly. I knew it was happening before and it didn't bother me as people would wait until after those researching the offerings bidded before they did.
Now however they are locking us out of IPO's and yet still relying on us to do all the work. |

Ricdics
Corporate Placement Holding
|
Posted - 2008.08.10 09:48:00 -
[6]
Originally by: John Agrippa Are you telling me that if you reserved some shares, and before the IPO requested isk to be sent it was revealed that the business plan was unworkable, or the person a known scammer, you would then proceed to still send the isk regardless?
I only reserve shares if
1) It's a reservation only period 2) I am doing a more indepth investigation 3) I am waiting for an auditor to complete his/her work
I don't reserve everything and then just pay up if I feel like it. It defeats the purpose of a reservation and most things RL will penalise you for doing it. It wastes the IPO runners time, and it wastes other investors time.
Quote: I'm not opposed to reservation penalties or more strict language, but another off the cuff idea. Private investment analyst service. With reasonable fees, I'd use that.
I am kinda shocked no-one has actually started this kind of operation yet. Sure, it needs a ton of disclaimers advising you cannot be responsible if the deal turns sour etc but it just needs someone who is smart with money and does their research on people.
When EBANK first started we were actually considering doing similar (well, I was, everyone else disagreed) in that we run a Mutual Growth Fund where people can buy into it, and buy/sell their stocks with stock value rising as dividends came in and falling when scams etc occured.
People with stocks in the fund could buy and sell whenever they wanted. Obviously it would mean if there was a scam on a stock some would likely rush to sell before the price dropped, just like the real stock market when you hear bad news has occured.
Anyway we didn't want to move away from our core values which is understandable and there were other reasons but it would still be awesome if 'leech investors' could just invest into this mutual fund and allow the chosen party to do all the work and just pull out whenever they wanted. |

Ricdics
Corporate Placement Holding
|
Posted - 2008.08.10 11:07:00 -
[7]
Originally by: Mike'P I did enough research to make me want to risk 100mil. It is only a game after all, and I certainly don't need any of the self styled Lords of MD to approve or disapprove of something, before or after I decide to put my coin in the slot.
If you done the research why didn't you send the funds? What were you waiting for?
Using your analogy there. If you walk into a pub and reserve all the slot machines then go off and have a few beers people are going to be extremely annoyed at you. You are blocking access with (quite possibly) no intent of actually using it.
I don't understand why it's so hard to understand. If you are waiting on more information fine, reserve and advise. If you have decided to invest, then invest. If you are just reserving just in case you decide to invest later then get out of MD.
No-one likes time wasters. This might not be a nice and fluffy post and I don't really care tbh. Don't lock other people out while you try and make up your own mind. It's not acceptable in almost every RL and Eve situation I can think of, nor should it be acceptable in this one. |

Ricdics
Corporate Placement Holding
|
Posted - 2008.08.10 13:55:00 -
[8]
You may have been legit but sadly we need to take the guilty until proven innocent approach as we have been burnt way too many times. It's unfortunate but it's all we have to shield ourselves from loss (and even that doesn't always work).
Good luck in the future with whatever game you choose to play next. |

Ricdics
Corporate Placement Holding
|
Posted - 2008.08.13 04:02:00 -
[9]
Edited by: Ricdics on 13/08/2008 04:02:17
Originally by: Lubimchik Low blow man.. not kewl. YGR stepped up and did a kewl thing here, and granted where as some times his posts aren't the best, heck mine aren't either. I feel that the above comment was a bit uncalled for.
I guess you missed the posts by YouGotRipped actually teasing people who really did have cancer. If I recall correctly he got a nice ban for that. Eve-search will find it if you don't believe me.
I believe the context used by Kwint was more that YGR posting is (mostly) damaging to the forum and the secondary market, not that he should fall ill or anything to that effect.
Anyway that may or may not be my personal opinion as well however that's how I interpreted Kwint's post.
edit: Speeeeling |
|
|
|