Community Health Systems, Inc. (CYH)

[mrholty]

I will not confirm an agreement like that. The last time I did was waiting on DIMEQ. I was grossly overweight the stock waiting for a judge's ruling.

I had read everything in the case and associted cases and thought we definitely would win as JPM was playing both sides in the 2 cases. That said I couldn't sleep at night and woke up the next day committed to selling half my stake. Decision was expected to be in 3-4 days so I was ok. Logged in at noon to my brokerage account right after the judge released it and the fall was in effect. I was able to dump half at a 50% loss.

Never again will I count my chickens before they hatch. Talk to me if we are successful.

(I will never have faith in the legal system after that either). Simply reading the legal contracts should have been enough.