UnThreaded | Threaded | Whole Thread (13) | Ignore Thread Prev Thread | Next Thread
Author: pattipf3 Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 2384  
Subject: CHTP Date: 4/4/2012 7:48 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 1
Aloha Kahuna,
I have a situation that I just found out about.We own 800 shares of CHTP HAVE HAD IT OVER A YEAR oops sorry about the caps...and it has declined rapidly lately. Lots of volume.I went to news on our brokerage account & there are two law firms trying to have shareholders possibly file a class action suit.

I read the news on a link to Business News.I left a message with the latest firm after calling my brokerage acct.Investor helpline.Any advice would be greatly appreciated. Aloha Nui,Pattipf3
Print the post Back To Top
Author: kahunacfa Big funky green star, 20000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 2345 of 2384
Subject: Re: CHTP Date: 4/9/2012 5:29 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
What company is CHTP? I do not recognize that ticker symbol so I have, of course no opinion on the company at all.

Kahuna, CFA

Print the post Back To Top
Author: grouse100 Big gold star, 5000 posts Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 2346 of 2384
Subject: Re: CHTP Date: 4/9/2012 5:31 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 1
That's what your beloved Yahoo finance is for to look up info by ticker symbol.

Print the post Back To Top
Author: pattipf3 Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 2347 of 2384
Subject: Re: CHTP Date: 4/10/2012 4:58 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
Aloha,
Chelsea Therapeutics, it tanked again today.The law firm that I called did not return my call.Aloha Pattipf3

Print the post Back To Top
Author: kahunacfa Big funky green star, 20000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 2348 of 2384
Subject: Re: CHTP Date: 6/27/2012 2:53 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 1
Law Firms NEVER-EVER return phone calls for comment. Many Law Firms are even very slow to return phone calls from their clients.

Kahuna, CFA

Print the post Back To Top
Author: MisterFungi Three stars, 500 posts Top Recommended Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 2349 of 2384
Subject: Re: CHTP Date: 7/6/2012 12:19 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 1
Aloha, Patti. (My wife and I recently semi-retired, spending about 6 months/year in Waikiki.) You're asking or free advice, and that may be exactly what mine is worth.

That said, a quick look at CHTP indicates that it was always a highly speculative biotech company. Unless one is exceptionally expert in the research the company is doing, such stocks are basically lottery tickets: you might win a bundle, but most likely you'll lose.

So my advice would be to treat your CHTP shares that way. You can hold them if you like, and you might win the lottery someday. Or you can sell them at whatever the market price happens to be right now.

As for class-action lawsuits on such stocks, they are even more speculative. Certain firms routinely try to attract angry investors so that they might file such suits. Even if they happen to win, the lawyers capture nearly all the winnings. Years from now, you might "win" a few cents on the dollar.

Print the post Back To Top
Author: kahunacfa Big funky green star, 20000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 2350 of 2384
Subject: Re: CHTP Date: 7/7/2012 8:11 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 1
As for class-action lawsuits on such stocks, they are even more speculative. Certain firms routinely try to attract angry investors so that they might file such suits. Even if they happen to win, the lawyers capture nearly all the winnings. Years from now, you might "win" a few cents on the dollar. - MisterFungi | Date: 7/6/2012 12:19:30 PM | Number: 2349

Actually for many, many large Class-Action Lawsuits, if the plantiffs win, the settlement most often includes a Cap on the winning Law Firm's percentage of the settlement. A 20% Cap on total Law Firm Fees is not at all unusual.

Kahuna, CFA

Print the post Back To Top
Author: MisterFungi Three stars, 500 posts Top Recommended Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 2351 of 2384
Subject: Re: CHTP Date: 7/8/2012 12:35 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
Whatever. Are you disputing my main claim, which is that, at best, Patti would probably recoup a few cents on the dollar?

I'm speaking from experience. I've gotten a few of those checks.

Print the post Back To Top
Author: kahunacfa Big funky green star, 20000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 2352 of 2384
Subject: Re: CHTP Date: 7/8/2012 4:14 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
Whatever. Are you disputing my main claim, which is that, at best, Patti would probably recoup a few cents on the dollar?

I'm speaking from experience. I've gotten a few of those checks.
- MisterFungi | Date: 7/8/2012 12:35:58 PM | Number: 2351

I do volunteer legal research at my daughter's solo practice Law Firm established 2006.

I am a very experienced Investment Professional - since 1974. Let me see 1974 to 2012 is what about thirty-eight years. You have more experience than that? I have experience on both the Buy-side, the Sell-side and with complex securities litigation that I always win.

Currently started a Venture Capital Limited Partnership investment firm that will operate from 2012 - 2019 or 2020.

I love to eat sauted mushrooms on my steaks.

Kahuna, CFA
Founding Venture Capital
General Partner

Print the post Back To Top
Author: MisterFungi Three stars, 500 posts Top Recommended Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 2353 of 2384
Subject: Re: CHTP Date: 7/11/2012 9:02 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
And your answer to my question is...?

Print the post Back To Top
Author: pattipf3 Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 2354 of 2384
Subject: Re: CHTP Date: 8/13/2012 4:19 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
Aloha,
Mahalo for taking interest in my post re CHTP...it is a learning lesson for me...I should not have bought it.Could of put it on my watch list...looks like I will use it as a tax loss for this year...Live & Learn...Best Wishes Pattipf3

Print the post Back To Top
Author: pattipf3 Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 2355 of 2384
Subject: Re: CHTP Date: 8/13/2012 4:45 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
Aloha, being semi-retired myself I am 2nd generation from Hawaii.We took our first trip to the mainland in 1999 to Washington DC.For us it was like stepping into another world.My husband had a business trip.We took our oldest granddaughter,she was ten.Very visitor friendly place so much to see.That was a wonderful trip.

You are lucky to be able to spend 6 months out of the year here.We have traveled to different states since 1999 for my husbands job.So amazed at the low prices for groceries and other things.Best Wishes,Pattipf3

Print the post Back To Top
Author: kahunacfa Big funky green star, 20000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 2356 of 2384
Subject: Re: CHTP Date: 8/22/2012 8:47 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 1
The Mainland is not at all that interesting -- especially relatively to the Islands & Paradise. Once lived a long-long time go at 1130 Hassinger Street.

Kahuna, CFA

Print the post Back To Top
UnThreaded | Threaded | Whole Thread (13) | Ignore Thread Prev Thread | Next Thread
Advertisement