We did get denied, but I'm not too worried about that. I was skeptical about the filing from the get go. The only way I see this being an issue is if the trial judgment gets appealed and the appeal costs force the hedgies to re-think their position. We're not there yet, and in any event, that would, IMHO, provide ample grounds for the LTW holders to re-file and say we need committee status.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.