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Re: Fai 2 post# 308906

Tuesday, 06/27/2023 10:06:13 AM

Tuesday, June 27, 2023 10:06:13 AM

Post# of 348561
Original judgement for Alpine securities was 22.7 million dollar penalty. It has been reduced to 12 million. Alpine filed an appeal and denied as judgement stands. Just waiting for final conclusion of last minute arguments. I do not think the judge is going to change the decision. Is it enough to forced them into bankruptcy? Will they abandon all their short positions.? Will the decision have an effect on DBMM? My guess was yes to bankruptcy, but now maybe they will survive with a reduced penalty. It will be interesting.
Bullish
Bullish