Shorting Acacia
 

I think it is time to crank up the brokerage account and short Acacia stock. At $1.70 a share and $32 million in market cap, it should be easy to have some fun. The float is about 2/3 of the outstanding shares, which means company insiders surprisingly own very little.

http://biz.yahoo.com/p/a/actg.html

They release Q2 earnings on Monday I think, should be interesting to see how much they keep losing

Another option is to create an investment fund to buy enough shares to cause them to change their tune... 10%?

Funny... they hold more cash than what the company is worth. We could force them to buyout the float and use up their cash. :)

waste of money

Just as I saw the financial post.......I thought that a bunch of people should get together and short the stock.....the more its shorted, the less they have in cash to go to court.

I am sure there is some law saying that is illegal though.....:(

... I think you are not too familiar about the way the stock market works.

I don't think the SEC would be pleased, especially since you're talking about conspiracy.

I agree.

Might be cheaper than litigation. Plus we might get the satisfaction of gutting their management.

exactly

There are only two reasons to buy the stock.

1, in hopes that it goes up and you make a profit.

2, so that you are a share holder and can go to the next stock holders meeting, wearing you GFY t-shirt and make you feelings known in your 3 minutes that you are given to speak!