Well there's a class-action lawsuit against CLQ and I fit the criteria (having bought between Oct 28 2010 and Feb 28 2011). May I live in interesting times indeed! Tomorrow I'll call the law firm to see what's up. It's probably not worth it for me to pay any attorney fees to recoup losses, but I'm curious to know how this will unfold. If it's a "percentage" lawsuit (by that I mean lawyers are paid a percentage of the settlement) then it might be worth it. Does anyone know how stuff like this works? Are lawyers paid by every willing shareholder in cases like this (% of fee's relative to percentage of shares or potential recoups)? Serious business is serious.
Sold off WRN early this morning for a slight gain but kept CUM. All of my stocks are down today except one... SLW took a huge hit, so did AAV. I think I'll dump AAV soon enough. I thought it was retracing to the 20ma but it broke down lower. Maybe today just exasperated all the losses.
[EDIT] Looks like AAV hit my stop loss and it's already gone. Not sure if I should be happy or not. I still think it might rebound in the short-term and it's a good buy long-term. I also retract my thanks to you guys for SLW, haha damn... Besides commodity prices, is the market perhaps testing once more the 14 000 mark?