because thinly traded issues with no large institutional support and backing can be manipulated till the cows come home by traders. Its just a fact that if your shares are publicly traded; fundamentals are irrelevant is shares are attacked by large volume traders who play with issues like AMRI. At will.
Since its very possible that the share decline was due to less than accurate blogs....those ambulance chasing counsel are at a loss for finding anyone to sue...Not surprising but a cost of doing business.
nickj...your info is spot on. I was a Tax Partner with a Big 4 Firm early in my career. Multinationals simply have sophisticated corporate structures. Period. Intracompany pricing is an art with a purpose. Tax Reduction. There are rules with lots of grey, read that as room for interpretation. The Prescient Point report has a lot of generic info. They could be in deep trouble if specific info about Amira is found bogus in the light of day in court. It would please me to see the authors of the report fined and profits recognized disgorged when that is found to be true.
Have millions of shares of Amira. The company has been whiplashed by predatory traders and websites using questionable tactics. Lets hope those traders and Letter Writers will be forced to disgorge their ill earned profits and that Amira's legal case will set a precedent against future use of inappropriate and inaccurate reporting by these type entities.
....and in addition to shoop0311's comments, which are very valid; many of the naysayers were pointing towards ANFI's inability to refinance its debt as a financial weakness. The fact that the financial community has rated the ANFI offering is a high 5 for the Company and a recognition that it is creditworthy. The income statement ramifications are quite obvious. Less interest expense means more pre tax income.