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Re: warcton post# 328440

Monday, 08/15/2011 3:05:44 PM

Monday, August 15, 2011 3:05:44 PM

Post# of 730298
"The SNH's have all said that they had non-public information, but it was not "material".

They didn't believe that the information they possessed would have lead other investors to trade differently."





That's pure BS. If any common or preferred shareholder knew absolutely (because it was destined to be part of the GSA)that their class would be cancelled, there would be no one trading those classes besides daytraders and flippers, and the PPS would likely be much lower than it is now and would have gotten to that level sooner and stayed there or dropped more. I agree with fsshon, I'd have moved my investment to whatever least impaired class I could afford to play.That's the power of having that info which the SNH a-holes did.IMO
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