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Stocks L / LJ International


Subject:  Lawsuits are typical of volatile market times. Date:  10/6/2007  7:47 AM
Author:  SmallCapKing Number:  16 of 22

Lawsuits are typical of volatile market times. Look at stocks like BBND, LLNW, JSDA, etc. Anytime investors lose 50% or more, a bunch of lawsuits come out. Vultures surrounding what they perceive as a carcass.

You can argue, well what of their unreported numbers, possible delisting, fraud, bad communication, etc.? Well, you can say that even of such major companies like Dell, Marvell Tech, BEA Systems, etc. Maybe not fraud, but that has not been proven of JADE either. And bad communication, try Intel who came out horns blazing about the economy and their numbers 6 weeks ago and is now getting downgraded because of their order numbers, margins, and competition.

I do have to say, there were alot of lawsuits very quickly on this case, but that actually lends to their credibility as a company that could actually pay up. Companies like CXTI no one even bothers with because they are so questionable.

Not that this is the ideal situation to be holding JADE, but I think the risk/reward is VERY, VERY GOOD.
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