With lawsuits as their vehicle/weapon, Redux users and IPIC shareholders alike are interested in suing Interneuron. There's no certainty that the company's at fault, either for the drug or the falling stock price. Of course, if Interneuron is guilty of the charges, they should be held responsible for their actions.
I've lost money in this stock also, but it was MY decision to buy a speculative stock. I was made aware of the KNOWN risks of buying IPIC shares. I knew that the stock could drop, but I felt it was worth some risk capital. Patients and doctors were made aware of the KNOWN risks of using Redux. Let's not forget that it is a KNOWN risk that unforseen events may adversely affect one's health or investment.
When someone takes medication, especially an off-label combination of drugs that have not been approved, that person bears the risks that accompany the use of the drugs. When someone buys a stock, that person bears the risks that accompany the ownership of the shares.
There's a risk/reward ratio in everything. As I see it, investing in IPIC was much more risky than taking Redux.
Observation: Everyone wants to get their retribution; if there's a chance at taking part in a lawsuit that may not be meritorious, they'll do it anyway.
Recommendation: TAKE SOME RESPONSIBILITY FOR YOUR OWN ACTIONS!
Rather than trying to blame the company for your loss in its stock, take responsibility for your own investing mistakes. Ben, do you still hold shares of IPIC? You could have taken several steps at any time to limit your risk in your long position.
Besides, many shareholder class action lawsuits take up to several years to be resolved. It's not worth most people's time. Just move on.
Still long IPIC,
Todd |
