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Thursday, February 25, 2010 2:56:22 PM
The stock had a huge run and people took profits. Unless they can prove that StreetSweeper was lying or out to short this stock by writing a scathing article, they don't have a case that any US court would hear.
On StreetSweeper's site, I see lots of articles ripping companies. If they got sued every time they did, they wouldn't be in business.
I read that StreetSweeper said bad things about IMGG, too. So what? IMGG didn't like it either, but they said in a conference call there was nothing you can do about it. Translation - they didn't lie apparantly.
Sounds like people are looking for a scapegoat to me.
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