RE:RE:RE:RE:DO NOT DAY TRADE THIS STOCK OR YOU WILL END UP WITH NOT MUCHTOMMY1 wrote: I got nailed on this too. There are legal cases going on in Canada - one of which I believe is being led by www.morgantilegal.com. I decided to cut my losses as usually not much is left for the shareholders after the lawyers take their cut (that is, if they win the case). I didn't want to be anymore out of pocket if the legal challenge wasn't successful - legal costs can add up. Up to you if you want to pursue. At one point, I had $600K invested in this dog and got out with a massive dent to my retirement savings. Could have been a lot worse as I was borrowing on margin - lesson learnt!
Sorry for all of you who have lost with this one - I feel your pain too.
There are legal costs when losing the suit for the people taking part of a class action? Are you sure? Doesn't make sense to me.
Better getting out with a massive dent than losing it all...