CAFE unhalted

Discussion in 'Stocks' started by Red_Ink_inc, Sep 1, 2005.

  1. The CAFE is once again open for business, though it's down 10 bucks a share.
  2. CAFE just come down to the level prior to that 7/12 announcement.
    However, if you consider the potential liability from the class action lawsuit, the stock is hardly worth anything.
    Think about those guys bought CAFE in the 13-16 range. The potential liability is upto $9-12 per share bought. I remember the volume for CAFE in thoses days before halting was huge for CAFE.
    So there may be a lot of people bought in that 13-16 range. The liability to these ppl will wipe CAFE out. Short