RE:I’m waiting for the class action lawsuits to startAnyone suggesting this is laughable. I've been investing for over 20 years and you hear people complain all the time about companies keeping things from them and then there is going to be a lawsuit. This is so rare and has to be so blattenly illegal from the board for it to go anywhere.
My advice is suck it up, its called investing. Its not perfect. I would say if you don't think they can ever turn it around, then get out and forget they ever existed.
I'm down over $50,000 on this one know, excluding any dividends I have gained over the years. I may sell some for tax loss selling as this year has been particularly good to me other than a couple of stinkers like this one.
GLTA that are holding, we may get out of this alive in a couple of years if their strategy finally pays dividends, pun intended.