And as a public company they have a fiduciary responsibility to their shareholders to maximize profit. Everyone on the right should buy one share and join a massive shareholder class action lawsuit for destroying the user base. You don't even have to keep the share, you can sell it right away but you will have held it at one time. Even better would be to sell some short because they are going down.
When you short a stock you are borrowing someone else's shares to sell so technically you would never have been an owner who was affected unless you also purchased at least one share for your own account during the class period. It will probably be years before a settlement would be reached but you'd still get that sweet satisfaction and if you require instant gratification then just sell some short now. Probably should do it soon though because there might not be any left to short before long.
And as a public company they have a fiduciary responsibility to their shareholders to maximize profit. Everyone on the right should buy one share and join a massive shareholder class action lawsuit for destroying the user base. You don't even have to keep the share, you can sell it right away but you will have held it at one time. Even better would be to sell some short because they are going down.
Will this work if I short the stock?
When you short a stock you are borrowing someone else's shares to sell so technically you would never have been an owner who was affected unless you also purchased at least one share for your own account during the class period. It will probably be years before a settlement would be reached but you'd still get that sweet satisfaction and if you require instant gratification then just sell some short now. Probably should do it soon though because there might not be any left to short before long.