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  #1  
Old 02-08-2007, 01:22 PM
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my neteller stock........BARF

got totally creamed with all the happenings.....illegal offshore gambling, and those guys' arrests.

anyway, i held it (i know, iknow) hoping it could recover a little and i could MAYBE break even....

but, since the arrests of the founders the stock has been frozen...

what happens next? is the company going to fold, get bought out? if it gets bought out do i lose my shares, or will they jump?

thanks if anyone can help
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Old 02-08-2007, 01:27 PM
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Unhappy

In all honesty, I'd be prepared to lose it all. I'm not sure you can do anything right now other than hold and hope for the best (a buyout pricing the shares higher than market value), but the outlook for the company sure doesn't look too good.
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Old 02-08-2007, 01:31 PM
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yeah.......the hope i was holding on to was that maybe paypal, or ebay or someone like that would absorb the company...

guess i'll see.
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Old 02-16-2007, 01:44 PM
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press release 2/16


the jist....

they laid off about 1/4 of their employees, and are moving to smaller facilities due to their shrinking business after their withdrawl from US business.

is this going to hurt the stock when it comes off suspension? maybe help it? or is there no way to tell from this?
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