Galena Biopharma fka GALE

[Euripides90]

Good points, and fact is that focusing on someone writing for Seeking Alpha as a potential pumper is like asking whether TimSykes is a shorter, anyone can write for it and most of them have an often openly stated agenda. Both to promote themselves and any other blogs and activities they have on the side (here's a diverse list of testimonials from their writers) AND their own investments.

Anyone who doesn't understand this and believes anything they read there without a huge grain of salt is naive, and any lawsuits based on this will be thrown out JIMHO are being found to have no validity.

http://seekingalpha.com/page/testimonials

Most investors who have even heard what "pumping" and "shorting" mean know this -- here's a forum where Sykes himself is the chief advertiser:

http://investimonials.com/websites/reviews-seekingalpha.aspx?page=5#reviews

Most people realize the bias; this is a forum about one stock, also true of JCP -- almost all weighted AGAINST the stock.

http://forums.crackberry.com/general-blackberry-discussion-f2/seeking-alpha-always-allows-bogus-articles-bashing-blackberry-918557/

At best the editors try to allow both sides to contribute, but that isn't always the case. THEN when Crummer and Fraudstein seize on one or two such bloggers as "proof" the company is doing something illegit, they're worse than the pot calling kettle black and should be investigated themselves, except maybe Crummer has too much money? No lack of accusations that they short the stocks they bash but without the disclaimeers even SA requires (tho only if a writer has an interest in a security w/in 3 days).

You're right Donald, these law firms are still trying to scare up lead plaintiffs despite the non-stop begging, b/c they got nuthin' and seem to have gone into this b/c they believed that Crummer and Fraudstein were themselves legit "reporters" AKA investigative journalists/ critics, whatever...
the cred's to get to write for Crummer are no higher or specific than for Seeking Alpha and the increasingly amateurish and biased blog posts show it. NO substantiation in most cases, just opinion or vague circumstantial observation.

These miserable excuses for law firms will have to give up soon, they've cost themselves and investors money.