InvestorsHub Logo
Followers 2
Posts 37
Boards Moderated 0
Alias Born 02/06/2012

Re: ArtieB post# 27678

Tuesday, 12/03/2013 7:17:35 PM

Tuesday, December 03, 2013 7:17:35 PM

Post# of 59618
I agree that things don't look so good. The only thing I keep going back to is some of the language used when the appeal was withdrawn:


This appeal was initially filed as a protective appeal until the real party in interest could be identified. The Board of United Western has concluded that it is no longer in the Bank’s interests to pursue this appeal. Likewise, Bancorp’s trustee has agreed that the appeal should not go forward. Thus, the Bank now moves to dismiss.



That first sentence makes me wonder. Maybe they realized they couldn't win, but that seems strange after fighting so long. Or maybe they just need an easy out for appearances. No idea, but I hope we can make sense of it some day.

Join the InvestorsHub Community

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.