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Re: CaptainObvious post# 584195

Tuesday, 04/11/2023 8:27:51 AM

Tuesday, April 11, 2023 8:27:51 AM

Post# of 699092
I thought the same, that the defendants wouldn’t be changing how they trade the stock, at least in the near-term for fear that it would signal their guilt. As pqr stated, the request for an injunction is not preliminary, so if the defendants were forced to cease trading in the long-term, the subsequent pps increase could be explained away due to approval(s). Ex replied to a post of mine awhile back regarding your point about liquidity with a maybe or maybe not opinion. I would think after these seven MMs were removed, there would be plenty of others remaining to pick up the slack. However, I’m far from a SME on how all this works. I was wondering if a judge could implement a preliminary injunction even if one wasn’t requested.
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