If you hold TZOO long in a Margin account (and don't want to sell it), convert your account to a Cash account. This will force anyone borrowing your stock to short it to cover since stock can't be borrowed from a Cash account.
At least you can keep any shorts from inflicting more damage.
Otherwise, sell the stock and they may be forced to cover anyways (margin call) if the stock is sold to someone at another brokerage.
This has a big effect on a small float stock like TZOO.
Class action attornies will take that as a reason to sue??
Pathetic longs, suing will only drive the price of the stock down and make the lawyers, not you, rich. Get over yourselves, it is over... deal with it!!
WHY WAIT TILl IT DROPS DOWN?!?!?!
Are you kidding me or are you just an idiot? this price is the only time a deal like this would work. TZOO makes $30 million dollars and gives away stocks that should only be worth about $10 million therefore making $20 million in the process. The buyer makes about $10 million immediately by selling at $55. All this money was made on the backs of people who owned this stock at $55.
If they had waited till the stock dropped, the margins on any deal they had made would have shrunk. Now do you get it?