Feeling taken...
Anyone on this board purchase David's Tea stock (DTEA)? How do you feel about the company bragging about how well it has been doing and all the "experts" saying buy it! So, I did. What happened? The next week, AFTER the IPO, DTEA announced a 90 MILLION dollar loss and the stock has plummeted to losing over 50% of its value! FIFTY percent. If this does not smell of insider shenanigans, I don't know what does. The stock soared after the IPO (all the big dealers and family members made a ton I'm sure after they sold their shares for a huge profit). Surely they knew of the upcoming financial report that was soon to come out that would cause the "suckers" like me to lose plenty of money. Shame on you David's Tea.