Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (2556)	8/10/2007 1:23:45 PM
From: SI Bob	Read Replies (2) \| Respond to of 6370

Yeah, I've never responded to proxy votes or class action lawsuits before. In the case of class actions, I always figure that if I see any money from it, it won't be enough to compensate me for my time finding all the involved transactions. From what I've seen, the only people who make money in class action suits against public companies are the lawyers. And it seems most of the market sees it that way too. Anytime a stock tanks, there're always a few virtual ambulance chasers issuing PR's about class actions and anymore those are almost always shrugged off by the market.