RE:HIMMLER,IF SHORTS LEAKED THE INFO,IMO THEY HAVE TO PAY BACK?Ryan ,with all due respect,youmust be relatively new to investing.And possibly only own this stock or very little others..Let me explain a few points that are undisputed facts(despite what you will hear to counter)
Shorts will ALWAYS FIND SHARES TO TRADE WITH...despite the BS on this BB about "not selling your shares" ".we have almost a BILLION outstanding shares out there..so shorting hedge funds will use their "own' shares to trade with so it proves to me that many here have zero knowledge of the modern (crooked ) stockmarket workings ...(I wonder how many here can even count past a hundred for Pete's sake.)
I am not saying that shorts leaked info necessariy..(they dont even have to with PLI)...but they are able to manipulate shareprice and they do it using logarithmic trading (this is also an undisputed fact).
As for lawsuits...I've owned shares in defunct company's before..and I'll tell you from personal experience that common shareholders get very little.You want proof?,,Sino Forest was recently settled ..and I will a check for @ $11.64 ,and that was after a $5g loss..and waiting 8 YEARS for a settlement.and they were charged (and convicted) with fraud ... There is NO FRAUD FOR PLI.(just google sino forest).I can give anyone here more examples of lawsuits..and their results for common shareholders...just inbox me if you care.
Ill be honest here Ryan ..I'm tired of trying to reason with posters here that lost money,I also realise that many here are not steady investors based by their limited knowledge of the markets workings,but simply longs on PLI...and they are bitter.
Talk of 'believing in the company" or "having faith" or 'hope for the sick people to be cured" doesnt help the shareprice in this cruel business world...but neither does sounding off on this BB with nonsense about lawsuits.The plus side for me is I get to pad my ignores with all the useless whiners and their threats(at least 50 in the last couple days lol.
You dont have to agree with what I say,but one look at the shareprice and how it acts..will prove to any naysayer,that the market doesnt care about PLI's potential..YET.
We do.... but the market doesnt.
I would offer advice ,for what its worth,to keep in mind the old adage..you only lost money(or gained) if you SOLD.