What happened on Thursday among the broad spectrum of cannabis stocks was nothing less than a well coordinated act of financial terrorism. Terrorism, by definition, is an intentional act whose purpose is to cause or induce intense fear and panic. The group or groups of individuals who planned, coordinated and executed this act of financial terrorism on 1-9-14 must be brought to account. They must be forced to compensate those thousands of stockholders who, as a class, lost many millions of dollars on that single day which will live in infamy as terrorism for profit.
The case for financial terrorism could not have been made clearer by the lawyers at Larson | Albert LLP who write: "short selling can cross the line into prohibited conduct when it is done in a coordinated fashion in order to drive down a company’s stock by creating fear or panic in the market for such stock as a form of stock price manipulation."