He suggested that shareholders get together and file a law suit against the company which is the stupidest comment we have ever heard. Why don't we go ahead and sue all those companies also because their stocks fell in price. That makes as much sense to us. If the Bull Market returns a lot of these smaller stocks will trade well. Investors should stop whining about low prices and start thinking about making money.
Small stocks are still on sale and there is plenty of opportunity.
If you are still holding stocks that were much higher in March, you can either wait it out or average your cost down while the stocks are on sale. It only makes sense to average down if the Company is executing its business plan. Some of these smaller companies are going to fail, in which case it makes no sense to put good money after bad. Click Here for Archive and Disclaimer Some of the others that we didn't mention might also come back, but the timing is not right yet. We are waiting for corporate developments.