SCOX stock scam working like a charm [LWN.net]

SCOX stock scam working like a charm

Posted Jul 21, 2003 14:16 UTC (Mon) by walterbyrd (guest, #11620)
Parent article: SCO readies new Linux licensing program (InfoWorld)

Scox insiders laughing all the way to the bank. Scox up 15% Friday, and another 12% so far today. Scox up over 600% since lawsuit started. Insiders selling like mad.

http://www.nasdaq.com/asp/Holdings.asp?symbol=SCOX&selected=SCOX

Linux user *still* don't get it. This is just a scam for the insiders to back out at insane valuation. Scox has never had a profitable year. In fact, Scox is a company with a book value of $10 million, and scox has lost as much as $125 million in a year. Scox was selling for way under a dollar in the last 52 weeks. Now this failing company is rich rich rich.

All because nobody can see what scox is *really* up to. There will be no attempt at licensing linux - don't be silly.

Why do you think insiders gave themselves a boat-load of options at $0.001 each when scox was planning this lawsuit in January? It's so obvious.

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SCOX stock scam working like a charm

Posted Jul 21, 2003 14:45 UTC (Mon) by ccchips (subscriber, #3222) [Link]

Hmmm....I keep seeing this "insider trading" thing on several sites. Anyone out there, with any amount of stake in the Linux movement, have any suggestions for dealing with it?

Why do you think people don't see it?

Posted Jul 21, 2003 14:51 UTC (Mon) by dark (✭ supporter ✭, #8483) [Link]

Surely you don't think it's Linux users that are driving up the stock price?
It's obvious enough, there's just not much we can do about it.

SCOX stock scam working like a charm

Posted Jul 21, 2003 20:41 UTC (Mon) by dbhost (guest, #3461) [Link]

With any luck this bubble will bust wide open like the Enronesque hoax that this really is. Those danged fool investors that are willing to put their money in SCO deserve to lose their pensions, and those money managers that are putting my 401K funds in there need to be soundly flogged.