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Post# of 248718
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bar1080

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bar1080

Re: Blue Skys post# 245000

Saturday, 07/23/2016 11:58:29 AM

Saturday, July 23, 2016 11:58:29 AM

Post# of 248718
Buying up all shares won't stop lawsuits. An injured shareholder doesn't have to still own shares in order to sue.

Indeed, investors in a scam stock should dump their investment ASAP to avoid further decline, use the tax loss and THEN sue for damages. Often the fraud isn't immediately known but becomes apparent later as with Enron (and after criminal indictments in that case).

The important thing is the statute of limitations.


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