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[micham2012]

HOM class action litigation:

I have no position in HOM at the present time. Last year I bought quite a few shares at around $1.55 and sold after about a month at $2.40. So I missed most of the great ride up.

But I have followed the recent posts about the Stocklemon attack and the company's response and took a minute this morning to read the class action complaint. FWIW I do not agree at all with Navallier's assessment that the litigation is "without merit." Whether or not the litigation turns out to be a "non-event" in the life of the company depends entirely upon the adequacy of the company's insurance coverage.

Steve