Investor rage, corporate rage
There's a lot of rage out there. That's where these stupid message board lawsuits come from. It only happens with companies who are not doing well with depressed share price. Investors are angry at the company. They're angry at any poster who posts negatively, especially when it's honest. They don't want to think of themselves as idiot investors so they must take it out on negative posters and managment. They encourage management to sue the negative posters. They scream on the message boards "Mr. CEO, sue these people, these "paid bashers," "roving band of mad shorters!" Management is also upset at the loss in share value and would love to direct the negative energy away from themselves and onto the negative posters. "They have caused your loss in value, the posters, not the company." So in order to appease the shareholders and direct attention away from themselves, they sue the negative posts to try and shut them up. They don't like these posters posting their mistakes, shortcomings... These are short sighted ceo's.
Of course the lawsuits have the opposite effect. Everyone with half a brain knows that the only people who sue negative posters are desperate ceo's of desperate companies. Suing posters is corporate suicide. It appeases the shareholders for a few minutes when they can scream on teh message boards "WE ARE SUING YOU!" Then of course the company loses the case and the now pissed off negative posters come back with a vengeance. That is how some of the best scam busters were made. They were burned on a stock, posted negatively, were sued by the ceo, did tons more research on the company and outed all the dirty laundry of the company. Companies that sue posters have TONS of dirty laundry which is why they sue posters, to shut them up. |
