Tivus, Inc. (TIVU)

[NicPlatoNic]

Ummmmmmmmmmmmm.....................


Kaiser, that was a GREAT find in the LNET PR, but why didn't you look at the next paragraph? Am I imagining that this is another possible clue?

It reads:

In this regard, LodgeNet also announced today the resignation of independent director Edward L. Shapiro. Mr. Shapiro, a partner at PAR Capital Management, joined LodgeNet's Board in 2010. In addition to being a significant LodgeNet shareholder, Mr. Shapiro's firm also makes investments from time to time in various companies in the media, entertainment, and travel industries. In announcing his resignation, Mr. Shapiro informed the Board that his decision was not based on any disagreements with the company, and indicated that his intent is to eliminate any potential conflicts that could arise as a result of his service on the LodgeNet Board and his firm's other current or future investments. Mr. Shapiro said, "It has been a pleasure and privilege to serve on LodgeNet's Board and to help position the company for long-term success."

Am I out on a limb here?

LNET has lost almost 20% today on top of the huge hit they've been taking for the past month. In other words, someone is selling a lot!

Exit question 1: Is the selling explained by this departing board member?

Exit question 2: He invests in new media/travel companies??

Exit question 3: Is he coming to TIVU?

Exit question 4: If he is selling his LNET shares, is that why?? Would that pose the sort of conflict being referred to?

Exit question 5: Am I stupid?