bullrider2
10 years ago
I were told CTP had their own stock halted. Since someone said that the DHR buyout talk is probably not true. Then they should have let the stock continue on trading. Yes it fell down as low as .07 before market opening, but it was trading much higher than .07 cent. It last traded at .22 cents as high as .24 or .26 cent before the company had it halted.
As long as CTP don't end up on the Grey Market, the share holder might have a chance to get out on the over the counter bulletin board or pink sheet. If it open on the Grey. Sell very quickly. It is hard to trade on the Grey sheet. You can't see a bid or Ask to trade by. You have to call your broker or a broker that participate in the Grey market trading to get the bid or ask if there is one. You can put a bid or ask out there, but the traders and shareholders can't see it. Only after the trade is made it will show up on the level 2.
The short can help some of the shareholders get out by covering their positions, but it doesn't last long. short also get caught up not being able to cover, because many shareholders hold on to their shares in hope that a solution will come alone to save them from losing most or all of their money on a stock in the Grey Market.
IMO, a BK is better than going on a grey market, at lease the stock might end up on a OTC market that has market makers and you can see the bid and ask. There is no pump and dump allow on a grey market.
Good luck to all.
MONEYMADE
10 years ago
EVEN IF................
YOU COULD FIND AN ECCENTRIC BILLIONAIRE FROM CHINA WITH MONEY TO BLOW...
THIS HOUSE OF CARDS WOULD NEVER SURVIVE JUST ON THE PISS POOR REPUTATION
AND PAST CLOWNERY THAT IS CTP!
Wall Street recruiters had boozy naked romps: complaint
By Kevin DuganDecember 8, 2014 | 3:32am
Wall Streetโs โboys clubโ extends to one of its top recruiting firms, an explosive complaint alleges.
CTPartners is a den of discrimination where women are stripped of profitable accounts, held to a higher standard than their male colleagues and subjected to lewd behavior, including a booze-fueled naked romp held by a top partner, according to a confidential complaint, The Post has learned.
Brian Sullivan, the chairman at CTPartners Executive Search, ripped off his clothes along with other partners during a drunken party at his Florida home in May 2012, female employees allege in discrimination charges filed with the Equal Employment Opportunity Committee.
Sullivan and at least three other top executives shed their clothes, formed a rugby-like scrum and ran into the ocean, according to the complaint.
The debauched night, which was corroborated by former workers who claim to be witnesses, is just one instance of alleged sexual impropriety at the global recruitment giant.
CTPartners, which was named a top 25 recruitment firm by Crainโs New York Business, helps banks, hedge funds and other firms find talent.
Shares of the firm are up 250 percent this year and closed Friday at $18.50.
Goldman Sachs and other big Wall Street firms have also been hit with sex-bias complaints. Former female employees suing Goldman claim it tolerated excessive drinking and jaunts to strip joints.
One female employee at CTPartners alleged Jeremy Robertson, who works in the firmโs hedge fund practice, called himself โdaddyโ and said he wanted to spank her.
When she complained to Vice Chairman Burke St. John, he dismissed the matter due to a โlanguage barrier,โ even though Robertsonโs first language is English, according to her statement in the EEOC complaint.
St. John also was accused of boorish behavior. He would call women into his Sixth Avenue office and talk about how the shadows on the buildings outside looked like โpenises,โ the woman alleges.
Under federal law, complaints filed with the EEOC are confidential while the agency decides whether to pursue a suit.
โI cannot provide any statement,โ Michael Palmer, a lawyer with Sanford Heisler who represents the claimants, told The Post.
The allegations are part of a broader pattern of discrimination, the complaint alleges.
Women routinely were stripped of profitable accounts, which were handed to male colleagues. They also were held to a higher standard for performance and were let go even if they brought in more money than male counterparts, the complaint alleges.
The firmโs New York office had more than a dozen different sexual-harassment complaints brought internally in 2012, according to one former employee.
โWeโre generally aware that thereโs allegations out there,โ David Nocifora, CTPartnerโs chief operating officer, told The Post. โWe deny any wrongdoing and will defend any matters if theyโre out there vigorously.โ
Nocifora declined to comment on any specific allegation against the company or its execs.