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Friday, May 25, 2012 9:36:36 AM
There are no "ambulance chasers" (attorneys) instigating the Derivative suit by definition.
Shareholders should be embracing the suit and commending Grampps for his diligence. Then again, that would be stepping outside of the usual upside down approach of "the SEC is in on it" "the market makers are in on it" "a group of idiot height-challenged nudists are trimming the hedges".
The ambulance chasers need someone to stick out front, and it is usually a "shareholder" that:
1) Owns a thousand shares or less,
2) Has no understanding of the stockmarket and feels "cheated" because his stock didn't quadruple overnight.
3) Is not the sharpest knife in the drawer.
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