Is the problem Dream Team or GALE? GALE might want to look to Dream Team for responsibility in what happened. Companies hire companies every day to promote their wares and provide the positives they have to offer. Dream Team seems to be the one who goofed GALE should only liable if they knew Dream Team was in violation of the rules and allowed it to continue.
I believe that GALE may have recourse against Dream Team. Not to say this suit is not good for GALE. If GALE knew about the violation regarding the articles then deep S--t. If not then GALE needs to hold Dream Team responsible for breach of contract and seek damages to include cost in defense of the suit against GALE. A lot of posts here have GALE in violation of what? Bad timing is stock sales? Please explain in specifics.
Better check the other stocks you own for contact with the Dream Team or other similar groups. Dream Team is out there and used by more companies than you might think. With the suit filed against GALE and what I have found about Dream Team I would hope that GALE looks to them for being responsible for a majority of what has happen here. The documents regarding the stock sale will tell much. My personal thought is that even though the timing of the sale was unfortunate they will need to prove that GALE was aware of the violations Dream Team was making. Company after company hire groups to promote their business and get the "good message" out. Very common practice.
Do you own shares? I so why would you post negatives? If no shares then what business is it of your how we invest?
These so called "writers" need to write to make money, that simple. They will write about anything that might sell, regardless. They are going to continue to pile on with some good about GALE and some bad. No different than the Dream Team screwup, they get paid when they write and it get published.
ME BAD! I was hoping that this Russia thing would drop the market by about 500 points but no so. I have a set prices of $5.51 as an add point. I take the distribution in cash and buy when it hits $5.51 or lower if it gets there. I see a day when the market looks like it will close way off and then put the buy order in prior to market close. Works for me and probably many out there doing the same. Best to all!
As said previously, any type of press regarding GALE will move it. The article was at 12:44 and down went GALE. Unfortunately this will continue as all these experts look for stocks with big volume and any type of conflict to sell there wares.
We need to contact the law firms and request written details of their investigation plans and to receive regular updates. Bet you would get nothing unless you agreed to join a suit. They need stock holder names as justification to actually file. I have been involved in suits and have never received a penny.
The lawyers are just getting free press at this time. Before anyone joins any law suit they need to ask the Attorneys for stock holder references, a detailed description their investigation plans, a list of exact amounts each individual share holder received from their previous suits. Been there and done that. Filled out the papers and responded when asked but never received a penny. They need stock holder names so they can file and then try to get a settlement from the company and make money .
So why are you on this board you you own this stock? If you own shares you are short, if no shares then no business of yours! Go away.
If so look out. Who ever plays short has more b--ls then me. Might as well go to Vegas and roll the dice. Remember the Casino has the upper hand. My thought here is that even if no real result with the product the market will kill you, the media will move this up but who knows when and for how long. Just my thought, spend your money as you want and good luck.
I also have been here a while. Would like to see some movement and perhaps another company looking at them for a possible buy out. It seems that they are "very slowly" getting it together.