Only 2 weeks ago Walmart presented SODA as one of it's premier product lines, and that it is selling very well. Has also been recommended by Forbes and Zacks, saying short selling are wrong on this one. Once Washington is done with it's games this should fly.
should? sodastream is a foreign owned entity. just like any foreign concern, void and free of any class action. so they sell at a discount. on top of that, sodastream incorporates many other risks that are specific too it. . put it all together, you have a 95 dollar stock, selling in the 60's. no big deal, those are the facts. like anything, weight those risks against the potential return, look at the money flows, and you get what is called, investment analysis. .
Rbg5r - Contrary to your claim, foreign companies are not "void and free of any class action." In Morrison v. National Australia Bank, the Supreme Court held that section 10(b) of the Securities Exchange Act of 1934 did not apply to "F-cubed" class action suits. An F-cubed class action is one in which the plaintiffs are foreign (no US citizens among them), the defendant is foreign, and the claim is based on securities purchased on a foreign exchange. A class action with plaintiffs that include US citizens and/or that is based on securities purchased on a US stock exchange is within the application of section 10(b) of the 1934 Act. Because SODA trades on the NASDAQ, a class action can be brought against it in federal court.
Not that it matters to SODA shareholders, but within days of the Morrison decision, Congress extended the application of section 10(b) of the 1934 Act to F-cubed class actions (see Dodd-Frank Wall Street Reform and Consumer Protection Act, 15 USCA Sec. 78aa[b]).
After reading this, everyone will come to the inescapable conclusion that one of the following two statements is true: (i) you know that SODA is subject to a class action under section 10(b) of the 1934 Act and you are intentionally misstating the law in a pathetic attempt to malign SODA and scare its shareholders, or (ii) you have no idea about the holding in the Morrison case, no clue about the application of section 10(b) of the 1934 Act, and that you are a poser who is unaware of the spectacle your ignorance has become.
You have to know the low regard your behavior has put you in. Dignity and self-respect demand that you drop the multiple personalities, stop the disinformation/misinformation about SODA, quit the ugliness you spew in your posts, and just leave the board. It can't be good for your mental well-being to contribute to a board where you are universally regarded, at best, as a baffoon. It is also very sad for us to watch you lower yourself this way. GLTA.