Tile Shop Holdings Inc (TTSH)

[Mister Dude]

Regardless of Gotham, there are TWO entirely different class action suits forming up with dozens of vulture law firms on the attack. One suit was announced before Gotham ever issued their report. Look at the chart.

Two articles today bring up negatives that aren't related to Gotham's charges and raise questions to me of where is TTS going to get the cash to pay to defend against these suits and what does that do to the share price? Secondly, with downward revisions having already occurred and more very possible shortly, how does this small float stock keep from being crushed under the weight of all this? (Gotham's allegations, the numerous lawsuits and the threat/realization of analysts going negative). There's so many other stocks out there without all this on them why would anyone risk holding TTS long when they could lose half in an hour or two of trading time? Even IF (as the article stated) the Gotham charges are without merit?.... As a bounce play thats now over? Sure if you had the guts! ...As an investment?? Hmmmmmm, No thanks! I'll stick with Home Depot if I want an investment in the red hot retail floor tile sector (sarcasm). LOL

http://www.thestreet.com/story/12117192/1/tile-shop-holdings-tts-in-a-perilous-reversal.html

http://www.zacks.com/stock/news/114812/tile-shop-holdings-incs-tts-shares-rose-over-9-on-the-day

If the SEC starts a formal inquiry single digits will come in hours. This moves down a LOT faster than it moves up.