Friday, August 07, 2015 7:51:02 PM
The Seeking Alpha article was posted at 10:30. The Rosen "maybe I'm gonna file a lawsuit" press release came out at 12:41. It takes about an hour for a press release to make it through the system to the media outlets.
So we are to believe that the Rosen firm instantly saw the article upon its posting, was contacted by shareholders to file a suit, wrote a press release, and sent it off to the news organizations -- all this, in the space of about an hour.
Does anyone believe that this is possible? Do you think that a shareholder would read the article, do a Google search to find a law firm, and contact them in time for them to write up and send the press release in this timeframe? Or was the press release all ready to go when the article was posted?
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