Hi A340,thanks for your reply. I have no problem viewing the potential upside here (which you have adequately covered in your reply) and agree that basically the sky's the limit when attempting a future valuation exercise.
I also agree with your implication that the downside is probably 100% of the investment if all goes pear-shaped. It is exactly this aspect of the equation that I was trying to determine in my previous post - assessing the downside risk here as much as possible to try and build up a 'comfort zone' with this investment. So, specifically :
1. do you think/have an insight or knowledge that the SEC is done for good or might they still come up with a formal charge or charges? I suspect we won't know until it hits,if it does.What's your take?;
2. could there potentially be class action lawsuits in future or would we have seen them already? There has so far not been any indication of wrong-doing on the company's part (e.g. insider dealing, having a part in the previous spamming exercise etc)so I'm hoping they come out of this smelling of roses. But who am I to know? Have you got a view?
Appreciate your feedback.
Cheers,
Merovingian
