Greg...
I agree that a countersuit must be undertaken, especially with this company, distracting that it may be.
Either that or face the prospect of enduring additional frivolous lawsuits by these companies as a result of us folks out here, who after getting burned, learned to help other identify the red flags in their investments.
AZNT, in my opinion, is a case of a company's management enlisting the aid of a group of known hypsters formally members of the RMIL cartel. These guys will tell you that fundamentals don't matter and that they are going to manipulate a stock price through the roof in a no-name, no-business stock, claiming that there is some unproven "naked short" position out there.
This may, or may not, be the case. But the way I have expressed it is that no one stop mmkrs from going short in any stock if they are willing to take the risk. But if a company is fundamentally sound, making money, selling product... etc, etc, etc... then it won't really matter. The fundamental strength of the company will eventually overcome any manipulation in stock, either upward or downward manipulation.
This AZNT battle between "yeas and nays" has been going for several years now. That was several years during which AZNT could have concentrated on their business (and not their stock) and destroyed all fundamental rationale for ANYONE to be short their stock.
So for this very reason alone, GNET should vigorously pursue a countersuit and make an example of this company. It will be rather easy to prove that AZNT is responsible for where its business currently is, not shorts (or longs).
Regards,
Ron |
