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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Joe Copia who wrote (118)3/11/1998 10:25:00 PM
From: TraderGreg  Read Replies (2) of 25711
 
the best thing to do is talk to the company and/or IR. Joe, to the best of your knowledge, have you ever heard of anyone successfully suing AND RECOVERING DAMAGES FROM A BB company for false predictions/promises?

For example, I'm dedicated so I do my DD and call Joe Blow, IR Chief of Flim Flam Associates. Their stock is trading at aound a dime and they tell me they're going to do $1 in earnings that year.

The year goes by and they lose 40 cents a share. Realistically, what case do shareholders really have against a Bulletin Board company?

TG
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