Longs demand court to throw out Starr lawsuit!
My fellow longs, Starr is no friend, make no mistake! The latest lawsuit is designed to kill CCME, Inc. Longs have the most to lose!
IMHO,
There is no new information here. Management were not cooperative with DTT probe, which caused DTT to resign.
Starr did not bring to light any new evidence, new information. Everything in this lawsuit is public information.
Now, lets think for a minute.
Starr knows too well, that Delaware court has no jurisdiction to force a probe into CCME's Fujian subsidiaries. If what they want to achieve is to uncover the suspected "fraud" through legal discovery, they know too well, it is going to fail.
So what is the real purpose of filing this lawsuit without hard evidence? Could that be a smoke screen like all other "class action lawsuits"? Is Starr really a short in disguise? So many shares have changed hand, it could be very possible Starr has switched side long time ago. If Starr has switched side, could there be a collusion between DTT and Starr?
Another observations: why jury trial in a lawsuit that is highly technical? Is the lawsuit designed not to recoup "loss" but to kill CCME, Inc.?
The plot thickens, indeed.
**** Longs demand the court to throw out this lawsuit! ****
There is no evidence, no merit. We do not know the true intention of Starr.
It could be a well designed trap to kill CCME, Inc.
Longs have the most to lose if this lawsuit goes forward.
