Lumera are the latest to feel the cold clammy grip of the dreaded Merrill Lynch nanotech index of highly volatile tangentially and/or tenuously related to nanotech stocks (which according to this syntactically challenged press release is now the Merrill Lynch’s Leading Nanotech Index, leaving us wondering who the second division companies or indices may be. Presumably Punk Ziegel are as mad as Transhumanists at the slur ).
On past form can we expect Lumera to be quickly outed as nanoimposters/wrong stock ticker oops!, subject to a law suit from disgruntled short sellers or a distarous sell off? Well, at least hey managed to get an IPO out.