scas.issproxy.com/pdf/30819cmp.pdf is a link to the legal documents for a class action suit by the shareholders against LFG back in November. This group is also watching carefully what is happening and another suit could be filed, and if anyone is interested they could make contact with them at 858-779-1554 (Trevor Allen, GM) I hope that this is not necessary, but at the same time, LFG is aware that the shareholders mean business...
My math, as previously posted (A-B+C), indicates a share value of around $57. Unless the these numbers were incorrect or there is something not disclosed, I would not understand less than $1 per share.
I also would be surpised if any of the big shareholders would put up with nothing but the best possible, as they have lost millions of dollars. They also have many attorneys watching.
Some of the comments on this board are quite negative and do not have ANY substantiation - I applaud the rebukes of them and appreciate it temendously.
My speculation is that FNF will pick up the remaining company and reclaim their stock and cash that they already spent. I speculate this because it appeared they were in a hurry to make the purchase of United and Lawyers.
Kenneth Asthimer, who wrote that great letter 8 days ago, also has 24,364 shares valued at the end of the month of purchase of $961,647. IMHO, I would not understand why he, or one, would want to short the shareholders.
I am staying long on this and if it takes years, so be it. I believe in the company and rely on the information available.
