InvestorsHub Logo
Followers 38
Posts 2912
Boards Moderated 0
Alias Born 06/05/2012

Re: leifsmith post# 7107

Tuesday, 11/20/2012 1:50:24 PM

Tuesday, November 20, 2012 1:50:24 PM

Post# of 30990
leifsmith - "I'll say "no" too. I think this "investigation," not lawsuit, is complete garbage, probably intended to help short positions."

I agree. In this situation, you should always ask who stands to benefit. There is no way that the individual shareholder is going to benefit from this. The negative publicity hurts the stock price and the company is certainly not "cash rich".

The only ones that could possibly benefit are the lawyers and the shorts. This is just more FUD material brought to you courtesy of our short friends who are increasingly desperate to cover.

Watch for an article on this topic from Adam Feuerstein that will then be extensively "quoted" by skiguy here on IHub.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.