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Re: speedbump post# 617

Friday, 02/17/2006 11:27:20 AM

Friday, February 17, 2006 11:27:20 AM

Post# of 1885
Thanks speed! This is the first time I ever read a court proceeding and did not realise what discover meant. This is fascinating stuff. If the Patterson group does force discovery and they find that they DID in fact short the stocks what does that imply? Columbus gets thrown out as lead plaintiff right?
Is it better for us if Columbus stays lead plaintiff so they can settle fast and like that the stock price recovers fast?
Or is it better for the stock price if Columbus gets thown out?

All parties are now waiting for WHAI to restate their financials and the judge said they can wait a little while longer.
What timeframe to wait for the restated financials? 1 month? 2 months? before they are forced to file their case? The courts wait how long usually?

Thanks for you comments
Ultimate

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