Really? Despite Dorothy Dong, Jacky Lam, and DTT all resigning (based on not trusting mgmt), as well as Starr coming out and suing the company and the shares being halted for weeks now, you find it odd that the sentiment swung the opposite direction? I actually think it makes perfect sense that the pendulum would swing that far that fast, given these developments.. I sure hope it's just a few internal controls that are causing issue, but with all these things pointing to more than just some internal controls, I find it pretty unlikely.. Now, maybe it's not as bad as many seem to say, but I can't imagine it's just a little accounting flaw that needs to be fixed..
I find it strange how the public investing mind goes from one extreme to the other real fso quickly. Its the greatest company ever to the biggest fraud since Bernie Madoff. The investor psychology displayed in the CCME case is one that should be studied and documented imo.
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