the list (of criminals) is revealed

[tazdmb]

Originally Posted by PM770

Isn't PSA a publicly traded company?

While their stock holdings are likely too small to be reportable to the SEC so we could never know, isn't it likely that members of this so-called "Board of Experts" own some stock?

Yes, PSA is a subsidiary of Collector's Universe-a NASDAQ publicly traded stock that is up for the day

[1880nonsports]

I corrected my post. I was writing as it was posted.

[Dpeck100]

Originally Posted by tazdmb

Yes, PSA is a subsidiary of Collector's Universe-a NASDAQ publicly traded stock that is up for the day

The stock is currently up as you said. Let's face it if SGC were a publicly traded company the shares would have gapped down 40% on this news.

To the person who suggested employees may own shares. That is probably true. But just like I work for a bank and could own shares in it, I am not the principle owner and have no ability to control what goes on at the company.

A far cry from the actual owner of a private company who directly calls the shots.

[PM770]

Originally Posted by Dpeck100

To the person who suggested employees may own shares. That is probably true. But just like I work for a bank and could own shares in it, I am not the principle owner and have no ability to control what goes on at the company.

A far cry from the actual owner of a private company who directly calls the shots.

That makes your "See an owner?" comment inane. Of course not, they don't really have an "owner" in the sense you were talking. Just stockholders.

Is there a name related to PSA that would have bothered you?

[Dpeck100]

Originally Posted by PM770

That makes your "See an owner?" comment inane. Of course not, they don't really have an "owner" in the sense you were talking. Just stockholders.

Is there a name related to PSA that would have bothered you?

David Hall, If his name was listed their stock would be down today for sure. Founder and president. Closest thing to the owner of SGC.

SGC is a private company. Much different corporate structure.

[PM770]

Originally Posted by Dpeck100

David Hall, If his name was listed their stock would be down today for sure. Founder and president. Closest thing to the owner of SGC.

SGC is a private company. Much different corporate structure.

Beyond the stock being down, would it have bothered you.

[Dpeck100]

Originally Posted by PM770

Beyond the stock being down, would it have bothered you.

Certainly. These revelations are not a positive for the hobby.

If you think I am happy that the owners of SGC are wrapped up in this scandal it couldn't be further from the truth.

The stock market takes no sympathy on anyone and shoots first and then asks questions later. The reality of it is that this type of news would be bad for any company and the market would price it in immediately.

[PM770]

Originally Posted by Dpeck100

Certainly. These revelations are not a positive for the hobby.

If you think I am happy that the owners of SGC are wrapped up in this scandal it couldn't be further from the truth.

The stock market takes no sympathy on anyone and shoots first and then asks questions later. The reality of it is that this type of news would be bad for any company and the market would price it in immediately.

Shouldn't it be bothering that members of a "Board of Experts" are involved in this? We aren't talking about one rouge grader.

Let's also not forget about the Wagner. Wasn't David Hall was involved in that?

[vintagetoppsguy]

Originally Posted by Dpeck100

If you think I am happy that the owners of SGC are wrapped up in this scandal it couldn't be further from the truth.

Yes, I do think that. You ONLY come over here from across the street to either (1) bash SGC or (2) when there is controversy about a CU (of former CU) member. That's the only time you show up.