Shareholder Action Groups

From what used to be a pretty closed shop in the financial industry ie companies had carte blanche to trample the small investor as 'he' didn't have any force within the shareholding, the Internet and 'bulletin boards' seem to have changed that scenario forever.

You used to buy shares by contacting a broker getting advice or telling him what you wanted to buy or sell and he then did the transaction for you. Perhaps the system has bitten itself in the foot now by opening up on the Internet and giving the small (I used that advisedly as many are quite large) investors direct access to buying and selling shares.

By having online systems and as said before 'bulletin boards' on a lot of online broker sites, small investors can now communicate with each other and join forces and become a force to be reckoned with by agreement to use their joint holdings as a way to change a company's attitude to them.

Shareholder Action Groups seem to be springing up all over the place now. Tadpole formed one to try to defend the company against the obvious attempt to take it over by Steig Westerberg and John Dilts. Other groups of shareholders have formed them to try to get companies to take the shareholders views into account for many reasons and whether at the end of the day they achieve their goal or not, they tell the management that they are being watched and watched closely at that.

I have been approached by 2 SAG's to give them a platform to get information out to other shareholders about issues they are dealing with and I am more than happy for that platform to be here.

SAG's - Chaco Resources and World Television Group will both be posting information on here in the next few days. Let the force of the Internet be a friend to the small investor. Make sure that they get an audience. If you know anyone else who either holds any of these shares or is just another investor who might know someone, please send them an email link to the site or use bulletin boards to let them know where to find out what is happening, but do not just spam BB's with this though.

I'm not saying that all SAG's are set up for the right purpose, but most probably are - Help each other here please, you might need something like this yourself one day. If you are a TAD holder then you probably were involved in one.

To join the WTV Action Group visit http://wtvaction.org/default.aspx