CNBC could not have timed the bomb more perfect.
They must have seen not a lot of damage was achieved and in very low volume during the day. They turned up the heat @ 3:30pm.
Quiet period means mums on the Q numbers but not news releases.
Matters to me not as I am holding this for a few years. able to get in from $6- $15. In a year or two, around $60, good enough return for me :)
Prostate cancer in April 2013 is a total BS. Why?
The trial is still open to enrollment. Then, it takes 45 days before pts evaluation and add additional 1 month for data analysis. Consequently, it will take ~2.5 months after the enrollment stops before the results release.
I have been an attorney for over 20 years where I am a commercial litigator and have been a member of firms who practice class action and securities litigation (where I have also dabbled). To do this right, it is going to take some time to put an appropriate lawsuit together. Such a lawsuit would be both a factually and legally complex filing in that the complaint will have to deal with a multitude of factual misrepresentations made in the article(s) and involve a multitude of causes of action which may include in addition to libel, causes of action for false light, fraud, violation of various provisions of the securities act, and others. There could also be two plaintiffs or two different cases filed: one which is brought by the company and one by Raina in his individual capacity. Also, if such a lawsuit is brought there is a high probability that the Copperfield article, Bloomberg, and/or Farrell (author of Bloomberg articles) could be named as defendants. The best and largest law firms could probably not put this all together properly before Monday of next week if they started working on it the day after the Gotham article was published (and probably longer to do it right). The lawyers for Ebix (should it bring the claim and not through a class of shareholders) realize as I have posted here before that the lawsuit is not really about obtaining a large financial recovery because the target defendants (other than perhaps Bloomberg to some small degree) have no means to satisfy the kind of losses we are talking about here. Rather , the lawsuit is being brought to serve as a means to respond to this short attack and send the market a message. As such, the lawyers know that every word written will be carefully reviewed and scrutinized and even minor mistakes could have an extreme negative affect to the share price. Careful drafting of this kind is very time intensive so relax because I will be shocked if legal action here is not initiated by the company, and if not, then likely in the form of a class action on behalf of shareholders.
Barry Klein used to post how jealous he was of those who bought GORO at $4 and stated many times he was envious of them. So what does he do? He convinces himself that the stock is going to $50 or even $100 and buys GORO in the high 20's. The stock collapses to $13/share and Barry Klein is in full panic mode. He has taken over the private board and posts more than anyone else on that board. He is what they call in wall street terms: BAGHOLDER
I have already proven that the Reid's are liars and that this stock was an orchestrated pump n dump. I believe GORO will go BANKRUPT within 2-3 years as more lies are discovered.
Sentiment: Strong Sell
Good! Enjoy your jail time!
Something that intrigues me is that so many of the "bashers" use the exact same nomenclature: such as bagholder, greed, 'seeker of truth', etc as well as the same style of writing: the use of "....." in many posts, capitalization of certain phrases or words, etc.
Either you are all a very tight-knit group and coordinate your responses or all the responses are coming from one keyboard but multiple accounts.
Either way, it doesn't matter too much to me. I just find it quite amusing.
My gut tells me AMZN wouldn't embarrass itself and jeopardise its reputation even by doing business indirectly with eddie!
1 monster box have 500 .. 1 ounce coin (each monster box is 500 ounces of pure 999 physical Silver)
Even though your post doesn't deserve a reply I'll respond anyway. I'm a real beginner investor trying to make money, but here many conflicting views and I'm trying to weed out all the non sense.
Why cnbc hasn't mentioned any other fund managers willing to go short with acky?
....... in case you don't know is because cnbc also don't know of any others willing to take that bet. They simply don't know of anybody else willing to do that. Acky is alone and very afraid.