The share volume the day before definitely tells m
Post# of 32628
As others have noted, these lawsuits are a dime a dozen. It would be a non-event if it weren't for the heavy volume of trading the day before. That makes me think this was a coordinated attempt (that failed) but it sure would be nice to see some legal ramifications for those who traded on this knowledge. Then again if they have to cover they may be in trouble as the volume won't support it without a large gain in price. So that would be some kind of justice to see the shorts get burned.
It is hilarious the lawyers didn't know they have to be licensed to practice in the state, or get permission from the court. From what I've seen before usually they have to have at least one in-state lawyer and that lawyer then petitions the court for the out-of-state lawyers to be admitted into the case. Seems like that high class lawfirm they got didn't know these basic rules, that I as a layman noticed in the few court cases I've followed! With lawyers like that representing you, you don't really need enemies, they got the case off to a great start!