Sure....Sue for what? Cutting a dividend and still maintaining one at 5.4% on the new price?
Or, how about exceeding earnings expectations by almost double?
Or, deciding to pay down debt and buy back stock?
Yes, it was the company's fault that all the current longs panicked and dumped their stock because of a
2% effective cut in their current dividend yield. Guess the Courts should give everyone an idiot premium and damages huh?
I am a lawyer and would love to defend this one for free....seriously.
People like pianotzz shouldn't be in the stock market in the first place, they buy a stock because somebody told them too and then if it goes down they want a mulligan. It's like they think that they are playing golf and nobody will notice if they pick their ball up out of the thicket and toss it onto the green...
No reason for legal actions. Stocks go up and stocks go down. Important not to have too much of your money invested on any one stock. Even a good stock like Apple can go down. You buy stocks when they go down and sell them when they go up. That is the way the game is played.