Bringing Puntification to the Masses

It is pretty normal Joe, any time a large companies stock takes a dive people will come out of the wood work with class action suits claiming that the leaders of the company provided false information to the public regarding earnings per share, license revenue etc. Normally these people don't have a leg to stand on, the current situation is a little different because Bloom and company confirmed the earnings expectations of wall street (although they did say it was a back loaded quarter, meaning that the majority of the revenue would come in the last week of Q2) the week before the stock took a dive. Depending on how you look at it this could be misleading investors or at least construed as such. Either way it is unheard of for a company to loose 38% of its market cap in one day for not meeting earnings expectations. Combine that with all the financial bullshit that’s unfortunately becoming typical for the company and you have some fishy circumstances to say the least.
You also need to remember that your saying "tough" to people who lost collectively 4 billion dollars in about three hours (remember this when talking about it in the lunch room), while I am happy you get a good stock price it did put me, and some other employees in the rental market for a few more years. Furthermore, the lawsuit is not why the stock took a dive, it is a result of the stock diving... My $0.02, which was formerly 20k

I knew that the lawsuit was a result of the earning drop, not the cause for it. In my head I saw the drop being explained in the article, along with the info about the lawsuit, but yeah, that was a misleading title.
I definately feel for those of you out there that took it pretty hard that day. That would be one of the most depressing things I think could happen to a person working in the businness world, to see over a third of your investment/retirement/anything go away in about the same amount of time it would take to play a round of golf.
I guess I'm looking at this in light of the stock "having" to go up. I know it doesn't, I just figure that a company with the inertia and mass of Veritas will regain the points on the stock market eventually, and then everyone can be happy again....and Josh can build that moat around his home.

I think that most people are worried that the mass and inertia of veritas is going a different direction i.e. not up. It's not a moat, it is a protective river... zoning thing.