InvestorsHub Logo
Followers 165
Posts 19766
Boards Moderated 2
Alias Born 12/09/2004

Re: bobbyb post# 6917

Friday, 03/14/2008 2:39:13 PM

Friday, March 14, 2008 2:39:13 PM

Post# of 27567
I have no idea what the price will be. I am a bit more skeptical of the certainty of the results from the courts.

I agree that there is a good case. But whenever a court is involved there are no guarantees of results, no matter how good the case looks going in.

The jury, if it gets that far, might not understand the case and award small amounts for example.

The judge might indeed find that the standing issue is correct and dismiss the case against PDX and Woodside, whereupon we would have to solve the trustee issue first before we have a chance to refile against them.

Or, we could win the preliminarys and there could be a settlement to our liking. We could wind up going all the way to a verdict and get the seriously big bucks.

While I like the odds on the situation and have bought a position to await the outcome, I don't see this as the certainty that many posters here do.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.