News Focus
News Focus
Followers 8
Posts 1332
Boards Moderated 0
Alias Born 10/08/2009

Re: philipmax post# 2058

Monday, 07/12/2010 2:15:19 PM

Monday, July 12, 2010 2:15:19 PM

Post# of 8307
Thanks for posting this ... helps.

I know this is not a legal argument but common sense dictates that the benefits of the LTW flow to the current holder(s)so filing claims for "X" number of shares as of a specific date seems "silly."

When we get a positive ruling there should be a date specified in that ruling that the award is as of a specific date no different than when a dividend is declared. If you buy or sell after the "ex date", there is no dividend but if you owned it on the declared date ... you get your share of the $400MM less 15% and expenses.

R

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today