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Strategies & Market Trends : Turnarund Investing

NOVS 0.0666

-16.0%

Aug 1 5:00 PM EST

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From: turnaround_seeker	4/17/2012 5:44:14 PM
	2 Recommendations Read Replies (2) of 1876

Re: Sir Kirby asks a very good question, "How many shares of NOVS are still shorted"???? There is a recent SEC investigation involving this very question and here was Sir Kirby's post about it; messages.finance.yahoo.com Even a poster on Investor Village that I know and have a lot of respect for has commented on this, and is wondering where the compensation is for innocent investors who were in essence DUPED by these criminals. With evidence like this coming from the SEC, I wonder if its time to launch a shareholder lawsuit against these criminals and extract a little of our own justice??? There may be some deep pockets we could sue if we could find a competent lawyer to represent us on a contingency. For the record, the last time I looked into something like this I was told that I would need to prove losses, and to the extent my losses are only from my purchases of common shares (my preferred share purchases are up almost 10 fold), I might have a case? Any discussion about this? Later, Rich aka Richard

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