InvestorsHub Logo
Followers 396
Posts 13711
Boards Moderated 0
Alias Born 09/13/2006

Re: doinit post# 10192

Tuesday, 03/29/2011 2:01:53 PM

Tuesday, March 29, 2011 2:01:53 PM

Post# of 23449
"Additionally, NIR is now in a bind; the judge has asked them to bring documents to court and if they do, it will prove they were not supposed to short the shares, which will cause them to lose the case. On the other hand, if they don't show up with the documents, they default and, obviously, lose the case anyway. So they are going to be (we hope) royally screwed...and will deserve it at the highest level."

That's all I wanted to read...

NIR is in deep doodoo either way it goes.

JMO




"To know nothing of the past, is to understand little of the present, and to have no conception of the future." Author unkown