SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : NCDR

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Joe Groovy Dude who wrote (1282)7/4/1999 12:38:00 PM
From: lindend  Read Replies (2) of 1440
 
Do you honestly think that these companies will go through with the suits and allow the discovery process? Highly doubtful...I suspect that some very interesting facts will be uncovered during discovery (if it even gets that far).

I personally find these suits disgusting..especially on July 4th. IMHO, these suits are intended to intimidate posters who might reveal truths that are damaging to company insiders but are vitally important to shareholders.

Real companies are focused on business activities and increasing shareholder value by increasing earnings and sales. If the company is legit, short sellers can't affect the price in the long term.

However, if a hypothetical company's sole business is promoting stock, then it makes perfect sense to sue those who are trying to reveal the truth.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext