Replies to post #25 on Violin Memory Inc. (fka VMEMQ)

[eastunder]

Because they can?

Not an uncommon event when an IPO goes bad and no company is immune.

However - if you wish to read more about it - This looks like a good summary. A really good one, actually.

I haven't even read it yet - just glanced at it but I'm headed to read it now.

Best wishes

http://classactionsnews.com/investments/violin-memory-vmem-securities-fraud-class-action-lawsuit

[Gixene]

subslover, it seems like eastunder explained it well. However, I did not know they got rid of their CEO. I also didn't notice the PPS was beaten down so much. I would have jumped in had I saw the 52 Week Low of $2.50 on Dec. 12, 2013. At the time it was trading 30% below BVSP. I like value, but this could take another dip possibly. I'll have to keep a closer eye on this one!